Coventry for intermediaries reduces selected Fixed rates by up to 45bps

Coventry for intermediaries has reduced the majority of fixed rates, with residential rates reducing by up to 45bps and Buy to Let rates reducing by up to 20bps. 2, 3 and 5 year Fixed Rate options are available for residential applications. Highlights include;

  • 4.92% 5 Year Fixed Rate to 30.04.2029, 65% LTV with a £999 product fee – available for residential purchase
  • 5.40% 5 Year Fixed Rate to 30.04.2029, 75% LTV with a £1999 product fee – available for Buy to Let purchase and remortgage

Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said: “It’s encouraging to see that rates are continuing on the downward trajectory, and sub 5% deals are back on the table. Fixed rates remain popular, so we’re supporting our broker partners with reductions on selected 2, 3 and 5 year fixed rate deals, giving them the options they need to help their clients