Coventry for intermediaries has made reductions across its owner occupier products, cutting rates in its standard range by up to 27bps.

The lender’s offset, interest-only and offset interest only products will also reduce by up to 53bps.

Examples include a five-year purchase at 3.69%, 65% LTV, £999 fee with end date 20 February 2030; and a two year offset remortgage at 4.88%, 75% LTV, £999 fee, including RMTS – with and end date of 28 February 2027.

Commenting on the latest rage changes Coventry Building Society head of intermediary relationships Jonathan Stinton said: “These reductions across our owner-occupier range come hot on the heels of last week’s reductions to our Buy to Let products.”

He added: “The BTL changes, and the greater choice they provide borrowers, have been very popular and we expect brokers and their clients will also like the competitive rates that we’ve announced today. ”