Coventry for Intermediaries has reduced selected 2- and 3-year fixed residential rates by up to 0.30%, as well as extended the end dates on all available products in its range.
The residential 2-year fixed rate of 4.21%, with a 65% LTV and a £999 product fee, has been made available for residential purchase, first-time buyers, and remortgage options with a choice of £350 cashback or RMTS for remortgage.
Meanwhile, the residential 3-year fixed rate of 4.18%, with a 75% LTV and a £999 product fee, has been made available for residential purchase, first-time buyers, and remortgage options, with the same cashback or RMTS choices.
Ben Williams, corporate relationship manager at Coventry Building Society, said: “We’re continuing to support the market with further reductions of 2- and 3-year fixed.
“3-years has continued to be popular as this has given borrowers additional security and more choice of fixing for slightly longer without long tie-ins.”
