Coventry for intermediaries reduces selected fixed rates

Published on

Coventry for intermediaries has reduced the majority of fixed rates, with residential rates reducing by up to 17bps.

Two, three and five-year fixed rate options are all available.

Rates at 90-95% have been reduced with a view to help first time buyers, with selected products offering £500 cashback.

New deals include the following:

  • 6.29% two-year fixed rate until 30/04/26, 95% LTV, no product fee – available for first time buyers, with £500 cashback
  • 4.85% five-year fixed rate until 30/04/29, 65% LTV, with a £999 product fee – available for residential remortgage – option of £350 cashback or Remortgage Transfer Service.

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We may be entering the final few weeks of the year, but brokers are still hard at work for their clients. There are new buyers out there who are looking to step onto the ladder, and existing homeowners who need to secure their next deal, and brokers are the ones they’ll turn to.

“Our latest reductions and our range of two, three and five-year rates, helps give brokers what they need to take care of their clients.”

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

Gen H expands team with new recruits from Koodoo and Hamptons

Gen H has strengthened its sales and marketing operations with the appointments of Jess...

West One bolsters short-term division with quartet of strategic hires

Specialist lender West One Loans has strengthens its short-term lending division with four key...

Virgin Money cuts rates and launches new exclusive deals across purchase and remortgage range

Virgin Money has announced a series of rate reductions and the launch of new...

Landbay adds product transfer options and trims rates in expanded summer special

Buy-to-let lender Landbay has expanded its Summer Special product range with five new product...

Fignum appoints Steve Carruthers as growth director to accelerate next phase of expansion

Mortgage technology specialist Fignum has appointed Steve Carruthers as growth director, signalling its intent...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Gen H expands team with new recruits from Koodoo and Hamptons

Gen H has strengthened its sales and marketing operations with the appointments of Jess...

West One bolsters short-term division with quartet of strategic hires

Specialist lender West One Loans has strengthens its short-term lending division with four key...

Virgin Money cuts rates and launches new exclusive deals across purchase and remortgage range

Virgin Money has announced a series of rate reductions and the launch of new...