Coventry for intermediaries reduces selected residential rates by up to 37bps

Coventry for intermediaries have reduced fixed rates by up to 37 bps on selected residential products, with no changes made to the interest only or Offset products.

Inside their residential range you’ll find fixed rate products with incentives including a remortgage transfer service (RMTS) for your remortgage clients and £500 cashback available to first time buyers.

Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said:

“Providing value to customers is a top priority for us, so we’re keeping a close eye on the market to pass on rate reductions wherever we can. Fixed rates remain popular, so we’ve reduced all of our standard 2, 3 and 5 year deals to give brokers the options they need to help their clients.”