Coventry for intermediaries has reduced selected mortgage rates, with residential rates reducing by up to 0.29%.
The society’s 2-, 3- and 5-year fixed rate options and trackers at 50 to 80% are all benefitting from the reduction.
Selected buy-to-let and portfolio buy-to-let products are also being reduced by up to 0.25%.
Highlights include a 5.53% 2-year fixed rate at 65% loan-to-value (LTV) with a £999 product fee – available for residential purchase, as well as a 5.22% 5 -year fixed rate at 65% LTV with a £999 product fee – available for residential remortgage.
Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “Providing value to customers is a top priority for us, so we’re keeping a close eye on the market to pass on rate reductions wherever we can.
“Brokers need a broad range of options for their clients, so we’ve passed on reductions to our 2-,3-,5-year fixed rate deals as well as our trackers and selected buy-to-let products.
“These reductions, alongside our standout service, work together to make the process of sourcing and securing a deal as straightforward as possible.”
