Rates were cut by up to 28bps
Coventry for intermediaries has reduced selected residential fixed rates by up to 28 basis points, benefiting both new and existing customers.
The lender offers two-, three-, and five-year fixed rate products with loan-to-value (LTV) options ranging from 65% to 95%.
Key highlights include a 5.05% two-year fixed rate at 65% LTV with a £999 product fee, available for residential remortgage with a choice of £350 cashback or the remortgage transfer service; and a 5.38% two-year fixed rate at 80% LTV with no product fee and £500 cashback, available for first-time buyers.
“We want to support our intermediary partners with competitive rates and standout service to make the process of sourcing and securing a new deal as straightforward as possible,” said Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society.
“Our latest set of rate reductions gives brokers a broad range of options to help their clients find a product which is right for them.”
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