Coventry makes rate cuts

The updated products are available to all residential clients, with a number of products specifically targeted at remortgages, product transfers and further advances.

Coventry makes rate cuts

Coventry for intermediaries has reduced rates on standard residential products within its two, three and 5-year ranges up to 80% loan-to-value (LTV).

The updated products are available to all residential clients, with a number of products specifically targeted at remortgages, product transfers and further advances.

Highlights include a 1.29% 2-year fixed at 65% LTV and a 1.65% 2-year fixed at 75% LTV, £999 product fee, RMTS included.

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “We’ve just had a busy couple of days with our very popular 90% LTV products but there’s no need for us to take our foot off the pedal. Our service levels are still in a comfortable position and we can continue to enhance our residential product range.

“The purchase market is really buoyant at the moment but we want to support other clients too – particularly those looking for remortgage or product transfer options.

"These new rates across a number of products should improve the options available to brokers looking to move their clients on to more suitable mortgage deals.”

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