
Coventry for intermediaries cuts selected residential and BTL rates
Residential rates have been reduced by up to 0.15% and buy-to-let rates have been reduced by up to 0.08%.

Residential rates have been reduced by up to 0.15% and buy-to-let rates have been reduced by up to 0.08%.

The society was ranked among the top 50 super large organisations in the UK’s Best Workplaces for Women 2026 list.

The figures, based on the latest HMRC statistics, come after the nil-rate threshold reverted from £250,000 to £125,000 on 1st April 2025.

The reductions are part of wider changes across all its owner occupier, BTL and limited company ranges.

Residential fixed rates have dropped by up to 0.42%, while buy-to-let (BTL) rates are down by up to 0.15%.

The award recognises organisations that focus on work-life balance and support physical, mental and financial health for employees.

Coventry Building Society says average Stamp Duty bills have risen from £340 to £4,570 over the past 20 years as house prices outpace unchanged tax thresholds.

The lender said reductions apply across products for both new and existing customers, including a number of deals aimed at supporting first-time buyers (FTBs).

The decrease comes despite more property purchases being eligible to pay tax, following changes to the nil-rate thresholds introduced on 1st April 2025.

Homebuyers paid £15.2bn in stamp duty in 2025-26 as falling thresholds and rising house prices increased tax exposure.

This was up 11% from £899m paid in January, according to Coventry Building Society’s analysis of the latest HMRC statistics.

Among the lenders announcing updates are Halifax, BM Solutions, Pepper Money, Skipton Building Society, Allica Bank, Atom Bank and Coventry Building Society.
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