Coventry for intermediaries cuts residential and buy-to-let rates
The Society has trimmed rates by 0.10%.
"There’s been some turbulence in the market in recent weeks, but we’re keeping an eye on any movements so we can pass on reductions where we can."
- Jonathan Stinton, head of intermediary relationships at Coventry BS
Coventry for intermediaries has reduced selected residential and buy-to-let fixed rates by up to 10bps.
Two, three and five-year fixed rate products are available for residential applications, with options from 65% - 95% LTV.
Highlights include a residential two-year fixed rate at 65% LTV, down to 4.53% with a £999 product fee.
In Coventry's buy-to-let remortgage rate, a five-year fix at 65% LTV has reduced to 4.61% with a £1,999 product fee and the option of £350 cashback of use of the Society's remortgage transfer service.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “There’s been some turbulence in the market in recent weeks, but we’re keeping an eye on any movements so we can pass on reductions where we can. Supporting brokers is a top priority for us, so we want to do all we can to help them help their clients.”
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