Coventry for Intermediaries has cut selected residential rates by up to 23bps and launched 50% LTV products for new and existing customers.

Fixed rate options are available for two, three and five years, alongside two-year tracker options.

Fixed rate products for existing buy-to-let customers have also been reduced by up to 70bps.

New deals include:

• 4.62% two-year fixed rate to 31/08/25, 85% LTV and £999 product fee – available for residential purchase and remortgage
• 3.96% five-year fixed rate to 31/08/28, 50% LTV and £999 product fee – available for residential purchase and remortgage – option of £350 cashback or RMTS for remortgage
• 4.70% five-year fixed rate to 31/08/28, 50% LTV with £1999 product fee – available for buy to let product transfer and further advance.

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We continue to support the market with reduced rates and new products. This gives brokers a range of attractive options to discuss with their clients, making it a great time for brokers to re-engage with borrowers and help them find the best possible product.”