Coventry for Intermediaries cuts residential rates

Published on

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.”

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

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost?...

MIMHC makes final call as charity lunch nears capacity

The Mortgage Industry Mental Health Charter (MIMHC) has made a final call for industry...

Virgin Money to move eligible product transfers to Nationwide from October

Virgin Money is changing its residential product transfer process, with some customers whose deals...

Skipton cuts fixed rates and widens home mover range

Skipton Building Society is reducing rates across its fixed mortgage range by an average...

Quantum Mortgages promotes Mihramane and Ajaib

Quantum Mortgages has made two internal promotions across its sales and completions teams as...

Latest publication

Other news

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost?...

MIMHC makes final call as charity lunch nears capacity

The Mortgage Industry Mental Health Charter (MIMHC) has made a final call for industry...

Virgin Money to move eligible product transfers to Nationwide from October

Virgin Money is changing its residential product transfer process, with some customers whose deals...