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.”

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

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now....

Brokers urged to strengthen sanctions checks

Mortgage and financial services firms are being urged to review their sanctions controls after...

OneDome named among Europe’s fastest-growing fintech firms

OneDome has been named one of the fastest-growing fintech companies in Europe, the Middle...

Foundation raises maximum residential lending age to 80

Foundation Home Loans has increased its maximum residential lending age from 75 to 80...

First-time buyers wait six years to buy as lifestyle priorities reshape purchasing decisions

First-time buyers are spending an average of six years saving for a deposit as...

Latest publication

Other news

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now....

Brokers urged to strengthen sanctions checks

Mortgage and financial services firms are being urged to review their sanctions controls after...

OneDome named among Europe’s fastest-growing fintech firms

OneDome has been named one of the fastest-growing fintech companies in Europe, the Middle...