Coventry Intermediaries has cut rates across its range of residential, offset and buy-to-let options.

New deals include:

• 2.25%, reduced from 2.35%, two-year fixed rate until 30.06.15 65% LTV £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 30.06.15
• 2.35%, reduced from 2.65%, Flexx for Term, 65% LTV £199 booking fee with £800 arrangement fee with no ERCs.
• 2.85%, reduced from 3.09% Offset, Flexx for Term, 75% LTV £199 booking fee with £300 arrangement fee with no ERCs.
• 3.29%, reduced from 3.99% BTL, Flexx for Term, 65% LTV £250 booking fee with £1749 arrangement fee with no ERCs.

Colin Franklin, managing director, Godiva Mortgages, said: “Our popular Flexx for Term range has just got even better, as we have cut rates by up to 0.70%. Borrowers can now enjoy the flexibility of no ERCs and unlimited overpayments, from rates as low as 2.35%.

“And for borrowers looking for the security of a fixed rate, we have also reduced rates on all our two-year fixed products by 0.10%. And don’t forget, all products include a valuation up to £700 and access to our remortgage transfer service.”