Residential rates now stand at 1.79% to 50% loan-to-value fixed for five years and 1.85% to 65% LTV fixed for five years, both with a £999 product fee.
Coventry for intermediaries has cut residential rates and launched a Flexx for Term mortgage with no early repayment charges.
Residential rates now stand at 1.79% to 50% loan-to-value fixed for five years and 1.85% to 65% LTV fixed for five years, both with a £999 product fee.
Its new variable Flexx for Term product meanwhile costs 1.39% with a £999 fee.
Kevin Purvey (pictured), director of intermediaries, said: “We’re delighted to start the New Year with reductions across our residential mortgage portfolio, including selected 2 and 5 Year Fixed products.
“We’ve also launched a new range of Flexx for Term products at 50% LTV, which offer highly competitive rates and added flexibility.
“With a variety of LTVs and fee options available, brokers can start 2017 by finding a great mortgage for their clients with Coventry for intermediaries.”
