Coventry for intermediaries has cut all fixed rates, with reduced options available for new and existing customers.
Residential rates have reduced by up to 57bps and buy to let rates have reduced by to 39bps.
2, 3 and 5 year Fixed Rate products are available for residential applications, with options from 65% – 95% loan to value.
Highlights include;
- 4.61% 2 Year Fixed Rate to 30.06.2026, 75% LTV with a £999 product fee – available for residential remortgage, with an option of £350 cashback or the use of our Remortgage Transfer Service
- 4.84% 5 Year Fixed Rate to 30.06.2029, 90% LTV with a £999 product fee – available for residential purchase
Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said: “It’s been a positive start to the year with rate reductions across the board. It shows there are definite signs of recovery in the market, so new and existing borrowers can hopefully feel some renewed confidence for the year ahead.”