Coventry for intermediaries reduces all owner-occupier mortgage rates

Coventry for intermediaries has made reductions across its owner-occupier products, cutting rates in its standard range by up to 0.27%.

Its offset, interest-only and offset interest-only products will also reduce by up to 0.53%.

Highlights from the reductions include a 5-year purchase product up to 65% loan-to-value (LTV) at 3.69% with £999 fee, and a 2-year offset remortgage up to 75% LTV at 4.88% with £999 fee.

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “These reductions across our owner-occupier range come hot on the heels of last week’s reductions to our buy-to-let products.

“The buy-to-let changes, and the greater choice they provide borrowers, have been very popular and we expect brokers and their clients will also like the competitive rates that we’ve announced today.”

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