Coventry for intermediaries has cut its entire fixed-rate range for new and existing customers by up to 57 basis points for residential mortgages and by up to 39bps for landlord loans. 

The mutual’s two-, three- and five-year residential fixes are available between 65% to 95% loan to value. 

Highlights include: 

• Two-year fix to 30 June 2026 at 75% LTV at 4.61%, with a £999 product fee – available for residential remortgage, with an option of £350 cashback or the use of the mutual’s remortgage transfer service  
• Five-year fix to 30 June 2029 at 90% LTV at 4.84%, with a £999 product fee – available for residential purchase 

Coventry Building Society head of intermediary relationships Jonathan Stinton says: “It’s been a positive start to the year with rate reductions across the board.  

“It shows there are definite signs of recovery in the market, so new and existing borrowers can hopefully feel some renewed confidence for the year ahead.”