Coventry trims residential and buy-to-let rates
The Society has introduced reduced options for new and existing customers.
Coventry for intermediaries has reduced selected rates across its mortgage ranges, with new deals launching today.
Residential and buy-to-let rates have been reduced by up to 12bps, and there are reduced options for new and existing customers.
In its residential range, highlights include a five-year fixed rate at 95% LTV, available to first-time buyers at 5.52% with no fee and £500 cashback.
A limited company buy-to-let five-year fixed rate has reduced to 5.23%, available up to 75% LTV with a £1,999 fee.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “With borrowers and brokers closely watching every rate movement in what’s been a fast moving market, small changes can make a difference to advice.
"By reducing rates across key residential and buy-to-let products, we’re giving intermediaries more choice when recommending the most suitable solutions for their clients.”
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