Coventry Building Society is raising rates on a host of residential fixed rates on Wednesday, while also trimming some prices.
The lender has not revealed the scale of the increases, but has given brokers two days’ notice that some deals are rising.
In its residential range, all two-year fixes for both new and existing borrowers, apart from offset rates are going up.
Coventry is increasing all two-year fixed remortgage rates at 75% loan-to-value and all 90% LTV purchase rates for new borrowers.
All three-year fixes at 65% and 85% LTV and all five-year fixes at 65% and 90% LTV for existing borrowers will go up.
The lender is raising five-year fixes at 85% LTV with no fee, but there will be reductions to the fee version.
All fixed interest-only rates for existing borrowers will rise.
Alongside the residential rate increases, Coventry is making a number of price cuts across its buy-to-let and limited company buy-to-let deals.
