It says it wants to strike a balance between providing competitive rates and service
Coventry for Intermediaries has reduced selected rates by up to 0.15% on products up to 85% LTV across its owner-occupied range.
The lender has also reduced selected buy-to-let and portfolio landlord rates by up to 0.25% and expanded its buy-to-let and portfolio landlord ranges.
The highlights include a 3.25% fixed rate to December 31, 2027, with a £999 fee at 75% LTV; a 3.54% fixed rate to December 31, 2027, with no fee and 75% LTV; and a 3.35% fixed rate to December 31, 2027, with a £999 fee at 85% LTV.
Ben Williams, corporate account manager at Coventry for Intermediaries, said they continue to support the broker market with more competitive rates across a large selection of products.
“These changes will allow us to strike a better balance between meeting client demand for competitive rates and balancing service. In the current market, brokers and their clients should see the appeal of a good mix of both,” Williams added.
