Coventry for intermediaries cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected fixed rates for both residential and buy-to-let applications by up to 9bps.

Residential purchase highlights include a two-year fixed rate at 75% LTV, down to 4.38% with a £999 fee.

In Coventry's buy-to-let remortgage range, a five-year fix at 65% LTV has reduced to 4.51% with no fee and the option of £350 cashback or remortgage transfer service.  

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “We’ve seen some positive moves in the market, allowing us to pass on reductions to many of our fixed rate products. 

"We’re pleased to further support mortgage brokers and their clients by offering more competitive rates, creating greater choice for people selecting their next mortgage deal.”