Rates on its standard residential and BTL fixes are reduced by 15 basis points
Coventry for Intermediaries has announced another rate reduction to all its standard residential two-, three-, and five-year fixed rates across 65% to 85% loan-to-value (LTV) brackets.
The lender said buy-to-let five-year fixed rates at 65% LTV are also seeing a reduction.
Highlights include a 4.99% five-year residential fixed rate to April 30, 2028, at 65% LTV with a £999 product fee, and a 5.40% five-year buy-to-let fixed rate to April 30, 2028, at 65% LTV with a £1,999 product fee.
Read more: Coventry for Intermediaries lowers fixed rates.
Last week, Coventry for Intermediaries also announced rate reductions on a number of its fixed rate residential products, including two-, three-, and five-year options.
“We continue to support the market with rate reductions,” Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said. “The majority of our fixed rates are reducing by 15 basis points, giving more attractive options to brokers and their clients.”