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

Leeds lending falls amid technology investment

Leeds Building Society completed £2bn of gross mortgage lending during the first half of...

Foundation revives buy-to-let products and cuts holiday let rates

Foundation Home Loans has refreshed its buy-to-let mortgage range, bringing back several products, adding...

UK residential property transactions edge higher in June

UK residential property transactions rose modestly in June, suggesting that underlying market activity is...

Buyers turn to 1.5 million homes rejected by mainstream lenders

About 1.5 million homes across Britain may fall outside mainstream mortgage criteria, according to...

Consumer Duty has changed culture but firms still face gaps

Consumer Duty has prompted a cultural shift across financial services, but standards continue to...

Latest publication

Other news

Leeds lending falls amid technology investment

Leeds Building Society completed £2bn of gross mortgage lending during the first half of...

Foundation revives buy-to-let products and cuts holiday let rates

Foundation Home Loans has refreshed its buy-to-let mortgage range, bringing back several products, adding...

UK residential property transactions edge higher in June

UK residential property transactions rose modestly in June, suggesting that underlying market activity is...