Coventry for intermediaries reduces selected rates by up to 29bps

by | Sep 15, 2023

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Coventry for intermediaries has reduced selected rates, with residential rates reducing by up to 29bps. 2, 3, 5 year Fixed Rate options and Trackers at 50-80% are all benefitting from a reduction.

Selected Buy to Let and Portfolio Buy to Let products are also being reduced by up to 25bps

Highlights include;

  • 5.53% 2 Year Fixed Rate until 28.02.2026, 65% LTV with a £999 product fee – available for residential purchase
  • 5.22% 5 Year Fixed Rate until 28.02.2029, 65% LTV with a £999 product fee – available for residential remortgage – option of £350 cashback or 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.

“Brokers need a broad range of options for their clients, so we’ve passed on reductions to our 2,3,5 year Fixed Rate deals as well as our Trackers and selected Buy to Let products. These reductions, alongside our standout service, work together to make the process of sourcing and securing a deal as straightforward as possible.”


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