Coventry for intermediaries has reduced all fixed rate mortgage deals – with lower options available for new and existing customers.
Residential rates have been reduced by up to 42bps, and buy to let rates have been reduced by up to 15bps.
The changes include a range of products for first time buyers, including options offering cashback to help with the upfront costs associated with purchasing a home.
Highlights include;
- 4.69% 2 Year Fixed Rate to 31.12.2028, 90% LTV, £999 fee – available for first time buyers and comes with £500 cashback
- 4.65% 5 Year Fixed Rate to 31.12.2031, 90% LTV, £499 fee – available for first time buyers and comes with £500 cashback
Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said: “These latest reductions ensure we’re continuing to offer competitive options across a broad range of borrower needs. From first time buyers through to existing homeowners and landlords, our focus remains on providing products that give brokers greater choice when supporting their clients.”
