Coventry for Intermediaries has reduced rates across its owner-occupied mortgage range (excluding 95% LTV) by up to 0.16 percentage points.
New deals include the following:
- Two-year fixed at 1.55% (was 1.69%) until 31/03/22, 50% LTV, ERCs payable until 31/03/22 and no product fee.
- Five-year fixed at 1.75% (was 1.89%) until 31/03/25, 85% LTV, ERCs payable until 31/03/25 and £999 product fee.
The lender has also reduced rates across its entire Flexx for Term range by 0.10 percentage points.
Kevin Purvey, director of mortgage distribution at the Coventry Building Society, said: “Our owner-occupied mortgages are now even more competitive. These products offer a range of LTVs, fee-free options and include a valuation of up to £670.
“They’re ideal for clients looking to purchase a new home, as well as those looking to remortgage to a better deal.
“Plus, we’ve reduced rates on our variable Flexx for Term products which offer competitive rates and no Early Repayment Charges (ERCs).”