Coventry for intermediaries has lowered selected fixed rates for both residential and buy-to-let applications.

Rates are being reduced by up to 9bps.

Deal includes:

• 4.38% 2 Year Fixed Rate to 31.08.2027, 75% LTV with a £999 product fee – available for residential purchase.
• 4.51% 5 Year Fixed Rate to 31.08.2030, 65% LTV with no product fee – available for buy-to-let remortgage – option of £350 cashback or remortgage transfer service.

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We’ve seen some positive moves in the market, allowing us to pass on reductions to many of our fixed rate products.

“We’re pleased to further support mortgage brokers and their clients by offering more competitive rates, creating greater choice for people selecting their next mortgage deal.”