Coventry cuts selected resi fixed rates

By: ameer@trustedteam.com

Coventry for intermediaries has cut selected residential fixed rates by up to 28bps, with reductions available for new and existing customers.

Jonathan-Stinton-head Coventry Building Society

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

Highlights include a 5.05% two-year fixed rate to end of November 2026, 65% LTV with a £999 product fee – available for residential remortgage, with an option of £350 cashback or the use of Coventry’s Remortgage Transfer Service

Also a 5.38% two-year fixed rate to end of November 2026, 80% LTV with no product fee and £500 cashback – available for first time buyers

Commenting on the new rates Coventry Building Society head of intermediary relationships Jonathan Stinton said: “We want to support our intermediary partners with competitive rates and standout service to make the process of sourcing and securing a new deal as straightforward as possible. Our latest set of rate reductions gives brokers a broad range of options to help their clients find a product which is right for them.”

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