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

Residential rates have reduced by up to 18bps and selected 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.

Highlights include:

• 4.61% five-year fixed rate to 31/01/30, 75% LTV, no fee – available for residential remortgage, with the option of £350 cashback or use of the Remortgage Transfer Service.
• 5.35% two-year fixed rate to 31/01/27, 65% LTV, no fee – available for buy-to-let purchase

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “Markets have continued to be favourable and we aim to make it as easy as possible for our intermediary partners to source and secure a new deal for their clients.

“That’s why our latest rate reductions give brokers a wider range of attractive options to make sure they can get their clients the best deal possible.”