Coventry for intermediaries has cut the majority of fixed rates, with residential rates lowered by up to 20bps and buy-to-let rates reducing by up to 22bps.

Two, three and five-year fixed rate options are available for residential applications.

Deals now include:

• 4.29% five-year fixed rate to 30/06/29, 65% LTV, with a £999 product fee – available for residential remortgage, with the option of £350 cashback of use of the Remortgage Transfer Service
• 4.44% five-year fixed rate to 30/06/29, 65% LTV with a £1999 product fee – available for buy-to-let remortgage, with the option of £350 cashback or the use of the Remortgage Transfer Service

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “The market is moving quickly, and we’re keen to return value to borrowers wherever we can. This makes it a great time for brokers to reconnect with their clients and help them find the best product available.”