Coventry for Intermediaries cuts residential rates

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Coventry for Intermediaries has reduced a number of rates on its residential mortgage range, with the majority of changes applying to 75% LTV and above.

Rates have been cut by up to 0.16 percentage points at 75% and 90% LTV, while the 80% and 85% LTV ranges have seen reductions by up to 0.20 percentage points.

The changes have been made across its purchase, remortgage, product transfer and further advance ranges. Where applicable, products also include a standard valuation up to £670 and their Remortgage Transfer Service.

Jonathan Stinton, head of intermediary relationships at the Coventry Building Society, said: “We’ve sharpened our rates to help us continue to support the market. Hopefully our udpated range continues to appeal to brokers and their clients, as there’s plenty of demand out there from clients looking to purchase and those looking to remortgage.”

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