Coventry for intermediaries has reduced all residential fixed rates by up to 63bps and selected buy-to-let rates by up to 55bps.
It has also reintroduced new products to the range.
Additions to the range include:
- Three-year fixed rate options for residential applications
- 65% LTV options for residential applications
- 75% LTV options for buy-to-let applications
Deals include:
- 6.05% two-year fixed rate to 28.02.2026, 65% LTV and £999 product fee – available for residential purchase and remortgage – option of £350 cashback or remortgage transfer service for remortgage
- 6.15% two-year fixed rate to 28.02.2026, 65% LTV and £1999 product fee – available for buy-to-let purchase and remortgage – option of £350 cashback or remortgage transfer service for remortgage
Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We’re keeping a close eye on the market with an aim to support our intermediary partners and their clients with rate reductions wherever possible.
“Certainty remains appealing to many borrowers, especially in these current economic times, so we’ve reintroduced our popular three year range to give people options alongside our competitive two and five-year deals.”
