Coventry for intermediaries cuts BTL & residential rates

Published on

Coventry for intermediaries has reduced a selection of residential and buy-to-let fixed rates by up to 10bps.

Two, three and five-year fixed rate products are available for residential applications, with options from 65% to 95% loan to value (LTV).

Deals include:

  • 4.53% two-year fixed rate until 30.06.2027, 65% LTV, £999 product fee – available for residential purchase
  • 4.61% five-year fixed rate until 30.06.2030, 65% LTV with a £1999 product fee – available for buy-to-let remortgage, with the option of £350 cashback of use of the lender’s Remortgage Transfer Service.

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “There’s been some turbulence in the market in recent weeks, but we’re keeping an eye on any movements so we can pass on reductions where we can.

“Supporting brokers is a top priority for us, so we want to do all we can to help them help their clients.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Newcastle for Intermediaries adds three-year fix range to mortgage offering

Newcastle for Intermediaries has introduced a new range of three-year fixed rate products. It said...

Mortgage product availability surpasses 25,000 for the first time

The number of mortgage products available in the UK has reached an all-time high,...

Bridge Help appoints new business development manager

Bridge Help has expanded its team with the appointment of Lisa Griffiths as a...

Other news

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Newcastle for Intermediaries adds three-year fix range to mortgage offering

Newcastle for Intermediaries has introduced a new range of three-year fixed rate products. It said...

Mortgage product availability surpasses 25,000 for the first time

The number of mortgage products available in the UK has reached an all-time high,...