Fleet Mortgages has reintroduced its zero fee and fixed fee five-year fixed rates.

The products are available across both its standard and limited company ranges and available for purchase and remortgages.

The 75% loan-to-value (LTV) products come with a rate of 5.89% for the no fee option or 5.59% for the fixed £3,999 option.

Both have a £25,001 minimum loan option, while the fixed0fee mortgage has a maximum loan size of £750k.

There is a free valuation for loans up to £500k, and an application fee of £199.

Fleet Mortgages chief commercial officer Steve Cox says: “By reintroducing these product options, we can offer advisers and their landlord clients further choice depending on how they want to structure their borrowing.”

“Some will want to keep upfront costs as low as possible, particularly in the current environment, while others will be focused on securing a lower rate over the fixed term, even if that means paying a higher fee at the outset.”

Meanwhile, Coventry for intermediaries has cut selected rates by up to 12 basis points.

Rates on residential and buy-to-let (BTL) products have been reduced. These include the five-year fixed rate to 30.11.2031 at 95% LTV with a new rate of 5.52%. This is available for first-time buyers and comes with £500 cashback and no fee.

It also include the five-year fixed rate to 30.11.2031 at 75% LTV with a new rate of 5.23%. It has a fee of £1,999 and is available for limited company BTL applicants.

Coventry Building Society head of intermediary relationships Jonathan Stinton comments: “With borrowers and brokers closely watching every rate movement in what’s been a fast moving market, small changes can make a difference to advice. By reducing rates across key residential and buy to let products, we’re giving intermediaries more choice when recommending the most suitable solutions for their clients.”