Coventry for Intermediaries has reduced a number of fixed rate residential products.
These include two, three and five-year options across 65-85% LTV brackets.
Base Rate Tracker products are also being launched for residential and buy-to-let.
Highlights include:
- 5.14% five-year fixed rate to 30/04/28, 65% LTV and £999 product fee
- 5.28% three-year fixed rate to 30/04/26 65% LTV and £999 product fee
- 3.78% two-year BBR tracker (BBR +0.78%) to 30/04/25, 65% LTV, £999 product fee and no ERCs
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “We’re pleased to be making reductions to many of our fixed rate products. There has been strong demand for our 2 year, 3 year and 5 year options, which remain appealing to borrowers who are looking for certainty with their payments.
“There’s also a growing interest in variable products, so we’re relaunching our tracker products. This gives brokers a wider range of options to discuss with their clients.”