Coventry reduces fixed rates and widens range

By: ameer@trustedteam.com

Coventry for Intermediaries is reducing all residential fixed rates and expanding its product range

The lender has reduced all residential fixed rates by up to 63bps and selected buy- to-let rates by up to 55bps.

New additions to the range include; three-year fixed rate options for residential applications;     65% LTV options for residential applications; and 75% LTV options for buy to let applications.

Product highlights include a 6.05% two-year fixed rate to 28 February 2026 with 65% LTV and £999 product fee – available for residential purchase and remortgage.

Also, a 6.15% two-year fixed rate to end of February 2026, with 65% LTV and £1999 product fee – available for buy to let purchase and remortgage.

Coventry’s head of intermediary relationships Jonathan Stinton  comments: “We’re keeping a close eye on the market with an aim to support our intermediary partners and their clients with rate reductions wherever possible”

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