Coventry for intermediaries has reduced the majority of fixed rates, with residential rates reducing by up to 20bps and buy to let rates reducing by up to 22bps.

Two, three and five-year fixed rate options are available for residential applications.

Highlights include;

• A 4.29% five-year fixed rate to 30.06.2029, 65% LTV, with a £999 product fee – available for residential remortgage, with the option of £350 cashback or use of Coventry’s remortgage transfer service

• A 4.44% five- year fixed rate to 30.06.2029, 65% LTV with a £1,999 product fee – available for buy to let remortgage, with the option of £350 cashback or the use of our Remortgage Transfer Service

Coventry Building Society head of intermediary relationships Jonathan Stinton comments: “The market is moving quickly, and we’re keen to return value to borrowers wherever we can. This makes it a great time for brokers to reconnect with their clients and help them find the best product available.”