The changes will come into effect from tomorrow, 24 April.
The largest cut will be on Coventry’s 65% LTV 2-year fixed rate mortgage which will reduce from 3.48% to 3.18%.
The lender’s 5-year fixed rate, 65% LTV mortgage will be cut from 3.99% to 3.89%.
Both products have a £199 booking fee and £800 arrangement fee.
The building society has also cut the rate on its 65% LTV 2-year fixed rate buy-to-let mortgage from 4.25% to 3.99%. The deal is available with a £250 booking fee and £1,249 arrangement fee.
Colin Franklin, managing director of Godiva Mortgages, said: “Our new lower priced range offers real value for money. With a great range of residential fixed rate deals starting from as low as 3.18%, borrowers can have the peace of mind of a fixed monthly repayment whilst enjoying a highly competitive low rate.
“Buy-to-let investors will not miss out either, as we have dropped our 2-year fixed rate of 4.25% down to 3.99%. With a range of savings to be made on reduced fees, low rates and a valuation up to £700 included, we are confident that there is something for everyone at the Coventry.”
