Coventry cuts residential and buy-to-let rates by up to 0.25%

Coventry for intermediaries has announced cuts to its residential and buy-to-let mortgage ranges.
 
Residential rates are reducing by up to 25bps and buy-to-let rates by up to 10bps.

In its residential range, a two-year fixed rate at 65% LTV has reduced to 3.92% with a £999 fee.

For buy-to-let, a limited company five-year fixed rate at 75% LTV is down to 5.09% with no fee.

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “It’s encouraging to see rates continuing to ease across both residential and buy-to-let ranges.

"Lower pricing not only gives brokers more competitive options to present to clients but also helps rebuild confidence among borrowers who’ve been waiting for the right moment to act.”