Coventry cuts fixed resi rates from 65%-85% LTV | Mortgage Strategy

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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.”  

These cuts come on top of fixed-rate residential product reductions, at two-, three- and five-year options across 65-85% LTV brackets, earlier this month.


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