Coventry cuts residential rates by up to 0.30%

Reductions apply across two, three and five-year fixed rates for new and existing borrowers.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
14th June 2024
Coventry

Coventry for intermediaries has cut selected residential fixed rates by up to 30bps, with reductions available for new and existing customers.

Two, three and five-year fixed rate products are available, with options from 65% - 95% LTV.

Highlights include a five-year fixed rate at 85% LTV, down to 4.88% with £500 cashback, and available for first-time buyers.

Also reduced is a two-year fixed rate product for existing customers at 75% LTV, down to 4.89% with a £999 product fee.

This is the second round of reductions in less than a month for the Society, which reduced selected residential fixed rates by up to 28bps at the end of last month.

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