Coventry for Intermediaries has cut all of its standard residential two-, three- and five-year fixed-rate home loans across 65% and 85% loan to value ratios, with the majority of the reductions coming in at 15 basis points.
The broker-only arm of Coventry Building Society adds that buy-to-let five-year fixed rate offers at 65% LTV will be reduced.
The unit says highlights include:
A 4.99% residential five-year fixed-rate deal to 30 April 2028, at 65% LTV and a £999 product fee, which has been cut by 15 basis points.
A 5.40% BTL five-year fixed-rate offer to 30 April 2028, at 65% LTV and a £1,999 product fee, which has also been cut by 15 basis points.
Coventry Building Society head of intermediary relationships Jonathan Stinton says: “We continue to support the market with rate reductions. The majority of our fixed rates are reducing by 15bps, giving more attractive options to brokers and their clients.”