Coventry cuts selected resi fixed rates Mortgage Finance Gazette

Img

Coventry for intermediaries has cut selected residential fixed rates by up to 28bps, with reductions available for new and existing customers.

Two, three and five-year fixed rate products are available, with options from 65% – 95% loan to value.

Highlights include a 5.05% two-year fixed rate to end of November 2026, 65% LTV with a £999 product fee – available for residential remortgage, with an option of £350 cashback or the use of Coventry’s Remortgage Transfer Service

Also a 5.38% two-year fixed rate to end of November 2026, 80% LTV with no product fee and £500 cashback – available for first time buyers

Commenting on the new rates Coventry Building Society head of intermediary relationships Jonathan Stinton said: “We want to support our intermediary partners with competitive rates and standout service to make the process of sourcing and securing a new deal as straightforward as possible. Our latest set of rate reductions gives brokers a broad range of options to help their clients find a product which is right for them.”