Coventry for Intermediaries has reduced selected residential rates by up to 0.23% and launched 50% loan-to-value (LTV) products for new and existing customers.
Fixed rate options are available for 2-, 3- and 5-years, alongside 2-year tracker options.
Fixed rate products for existing buy-to-let customers have also been reduced by up to 0.70%.
Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We continue to support the market with reduced rates and new products.
“This gives brokers a range of attractive options to discuss with their clients, making it a great time for brokers to re-engage with borrowers and help them find the best possible product.”
Highlights include a 2-year fixed rate 85% LTV at 4.62% and £999 product fee – available for residential purchase and remortgage, a 5-year fixed rate, 50% LTV at 3.96% and £999 product fee, and a 5-year fixed rate, 50% LTV at 4.70% with £1999 product fee – available for buy-to-let product transfer and further advance.
