Coventry has launched a range of products for intermediaries designed to reward landlords who invest in energy efficient properties.
The products are available to purchase for rental and a limited company for rental to landlords. They offer lower rates for properties with an EPC rating of A, B or C.
The initiative will support landlords purchasing or refinancing properties that meet higher energy efficiency standards, allowing them to reduce costs while contributing to a greener housing market.
To qualify, the property must have a valid EPC rating of A, B or C, which Coventry for Intermediaries will verify using the government’s official EPC register.
For new construction purchases, landlords must submit a Predicted Energy Assessment (PEA).
The products are only available for purchase and mortgage renewal applications.
Commentary Coventry Building Society head of intermediary relations Jonathan Stinton said: “Landlords are increasingly looking for ways to future-proof their portfolio, and energy efficiency is a big part of that. By offering lower rates on properties with an EPC rating from A to C, we recognize sustainable choices that benefit both the environment and their bottom line.”
He added: “Our buy-to-let range is already well established and trusted by agents, and these new EPC-linked products build on that strength. We want to offer landlords more options that not only support their financial goals, but also promote better living conditions for tenants.”