Coventry for intermediaries has cut selected residential fixed rates by up to 30 basis points (bps).

The reductions are available for new and existing customers.

Two, three and five-year fixed rate products are available, with options from 65% to 95% loan to value (LTV).

Highlights include:

• 4.88% five-year fixed rate to 30/11/29, 85% LTV with £500 cashback – available for first time buyers
• 4.89% two-year fixed rate to 30/11./26, 75% LTV with £999 product fee – available for existing customers