Coventry for intermediaries has cut selected residential and landlord fixed-rate home loans for new and existing customers by up to 24 basis points.
The broker-only arm of Coventry Building Society says some residential rates have reduced by up to 24bps, while selected buy-to-let fixes are down by up to 15bps.
Highlights include:
- Two-year fixes to 31 October 2027, at 90% loan to value, with no fee – available for residential purchase, at 5.12%
- Five-year fixes to 31 October 2030, at 75% LTV, with a £1,999 fee – available for BTL remortgages with an option to use the remortgage transfer service, at 4.65%
Coventry Building Society head of intermediary relationships Jonathan Stinton says: “With little in the Spring Statement to help homebuyers, we know many are looking for ways to make their mortgage more affordable.
“We’re pleased to be reducing rates from our residential and BTL ranges, with some of the biggest cuts for higher loan-to-value borrowers – where every bit of support can make a real difference.”
