Coventry for intermediaries has reduced selected fixed rates, with lower options available for new and existing customers.

Residential rates have reduced by up to 21bps and buy-to-let rates have reduced by to 15bps. Two, three and five-year fixed rate products are available for residential applications, with options from 65% – 95% loan to value.

New deals include:

• 5.34% two-year fixed rate to 31/01/27, 85% LTV with £500 cashback – available for first-time buyers only
• 4.59% five-year fixed rate to 31/01/30, 65% LTV – available for residential remortgage with the option of £350 cashback or use of the lender’s Remortgage Transfer Service

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We’ve reduced the majority of our fixed rates, further improving the choices we offer. It gives brokers a great opportunity to engage with their clients and advise them of the best options available.”