The Coventry cuts residential mortgage rates

Coventry for intermediaries has today cut rates on its residential mortgage products.

Related topics:  Mortgages
Amy Loddington | Editor, Financial Reporter
24th May 2024
Coventry

The lender has cut selected residential 2, 3 and 5 year fixed rates by up to 28bps, with reductions available for new and existing customers and options from 65% - 95% loan to value.

Some highlights of the range include a 5.05% 2 year fix at 65% LTV with a £999 product fee available for residential remortgage, with an option of £350 cashback and a 5.38% 2 year fix at 80% LTV with no product fee and £500 cashback, available for first time buyers.

Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said:

“We want to support our intermediary partners with competitive rates and standout service to make the process of sourcing and securing a new deal as straightforward as possible. Our latest set of rate reductions gives brokers a broad range of options to help their clients find a product which is right for them."

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