Coventry for intermediaries has reduced the majority of fixed rates, with residential rates reducing by up to 37bps. 2, 3 and 5 year Fixed Rate options are all available.
Rates at 90-95% have been reduced with a view to help first time buyers, with selected products offering £500 cashback.
Highlights include:
- 4.64% 5 year Fixed Rate until 30.06.2029, 90% LTV, no product fee and £500 cashback – available for first time buyers
- 4.42% 2 year Fixed Rate until 30.06.2026, 75% LTV with a £999 product fee – available for residential remortgage, with the option of £350 cashback of use of our Remortgage Transfer Service
Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said: “Providing value to customers is a top priority for us, so we’re keeping a close eye on the market to pass on rate reductions wherever we can. Fixed rates remain to be popular, so we’ve reduced all of our standard 2, 3 and 5 year deals to give brokers the options they need to help their clients.”
