Coventry for intermediaries has announced a reduction in selected residential fixed rates by up to 30 basis points.
The new rates are available for both new and existing customers, providing competitive options for a range of loan-to-value (LTV) ratios.
The reduced rates include 2, 3, and 5-year fixed rate products, with options ranging from 65% to 95% LTV.
Highlights of the new offerings include a 5-year fixed rate at 4.88% until 30 November 2029, available at 85% LTV with £500 cashback, tailored for first-time buyers.
Additionally, a 2-year fixed rate at 4.89% until 30 November 2026 is available at 75% LTV with a £999 product fee, designed for existing customers.
