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

Broker Conveyancing launches £175 remortgage package

Broker Conveyancing has introduced a fixed-price remortgage conveyancing package through its new online hub. The...

Buckinghamshire BS cuts residential and specialist rates

Buckinghamshire Building Society has reduced mortgage rates across its residential and specialist lending ranges,...

Final call for views on FCA mortgage reforms

The mortgage industry has until tomorrow to respond to Financial Conduct Authority proposals intended...

One in five borrow to fund private healthcare

Almost one in five people who recently accessed private healthcare used a credit card...

Digital mortgage ID checks unaffected by government U-turn

Digital identity verification used by mortgage lenders, brokers and other regulated firms is unaffected...

Latest publication

Other news

Broker Conveyancing launches £175 remortgage package

Broker Conveyancing has introduced a fixed-price remortgage conveyancing package through its new online hub. The...

Buckinghamshire BS cuts residential and specialist rates

Buckinghamshire Building Society has reduced mortgage rates across its residential and specialist lending ranges,...

Mortgage maturity: A golden opportunity for advisers

Around 1.8 million fixed-rate mortgage deals are due to come to an end in...