Coventry cuts fixed rates across residential and buy-to-let ranges

Coventry for intermediaries has reduced rates by up to 0.19% across its residential, buy-to-let and limited company buy-to-let product ranges.

The new pricing applies to both new business and product transfer applications, with deals available for purchase, remortgage, and further advance.

Highlights include a 2-year fixed rate at 3.88% to 29th February 2028 at 65% LTV, with a £999 fee, available for residential product transfers and further advances.

For limited company landlords, a 5-year fixed rate of 5.24% to 28th February 2031 at 75% LTV is available with no fee on remortgage cases.

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “It’s good to see rates continuing to slip further below 4%, creating more opportunities right across the board.

“We’ve made reductions across our residential, BTL and limited company BTL ranges giving brokers more options to work with.

“Our product transfers rates are aligned with our cheapest new business rates too, so brokers can offer existing clients the same great value as anyone coming to us for the first time.

“With many clients approaching the end of their current deals, there’s scope to engage with them early and help line up a deal which supports their next steps.”

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