Coventry for intermediaries reduces selected fixed rates

Coventry for intermediaries has cut selected fixed rates, with reduced options available for new and existing customers.

Residential rates have reduced by up to 0.21% and buy-to-let (BTL) rates have reduced by up to 0.15%.

2-year, 3-year and 5-year fixed rate products are available for residential applications, with options from 65% to 95% loan-to-value (LTV).

Highlights from the reductions include an 85% LTV 2-year fixed rate to 31.01.2027 at 5.34%, with £500 cashback and available for first-time buyers only.

Coventry is also offering a 65% LTV 5-year fixed rate to 31st January 2030 at 4.59%, available for residential remortgage with the option of £350 cashback or use of its Remortgage Transfer Service.

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “We’ve reduced the majority of our fixed rates, further improving the choices we offer.

“It gives brokers a great opportunity to engage with their clients and advise them of the best options available.” 

ADVERTISEMENT