Coventry for intermediaries cuts all fixed-term rates
The latest rate reductions from the Society follow cuts made to residential and buy-to-let rates last month.
Coventry for intermediaries has announced that it has made reductions across all its fixed products, cutting rates in its Owner Occupier range by up to 27bps, and BTL products by up to 20bps.
Highlights of the changes include a 2-year Remortgage at 4.46% fixed to 31.08.2027 with a £999 fee (residential) and for buy-to-let, a 5-year purchase at 4.70% fixed to 31.08.2030 with a £1999 fee.
Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said: “Market conditions have stabilised, allowing us to pass on these reductions to all our fixed rate products. We’re pleased to be able to continue to help mortgage brokers and their clients by offering more competitive rates across the board that create greater choice for people looking for their next mortgage deal.”
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