Coventry for Intermediaries has reduced fixed-rate residential products, including two-, three- and five-year options across 65-85% loan-to-value (LTV) brackets. 

Base rate tracker products are also being launched for residential and buy-to-let (BTL).

The 65% LTV five-year fixed rate has been reduced to 5.14% with a £999 product fee.

The 65% LTV three-year fixed rate deal is now 5.28% with a £999 product fee. 

The 65% LTV two-year Bank of England base rate tracker has a rate of 3.78% with a product fee of £999 and no early repayment charges. 

Coventry Building Society head of intermediary relationships Jonathan Stinton says: “We’re pleased to be making reductions to many of our fixed rate products. There has been strong demand for our two-year, three-year and five-year options, which remain appealing to borrowers who are looking for certainty with their payments.”

“There’s also a growing interest in variable products, so we’re relaunching our tracker products. This gives brokers a wider range of options to discuss with their clients.”