Coventry cuts resi and buy-to-let fixed rates

By: ameer@trustedteam.com

Coventry for intermediaries has cut selected residential fixed rates and all buy to let fixed rates, as well as extending end dates on all available products in the range.

Jonathan-Stinton-head Coventry Building Society

Residential rates have reduced by up to 15bps and buy to let rates have reduced by up to 40bps.

Highlights include;

  • 4.26% five-year Fixed Rate to 31.08.29, 65% LTV with a £1,999 product fee – available for buy to let remortgage, with the option of £350 cashback or the use of Coventry’s remortgage transfer service.
  • 5.14% two-year Fixed Rate to 31.08.26, 90% LTV, no product fee, and £500 cashback – available for first time buyers.

Coventry head of intermediary relationships Jonathan Stinton said: “Brokers are essential for future homeowners who are keen to step onto the property ladder, existing homeowners looking to secure their next deal, and landlords alike. Our latest reductions are designed to support brokers by providing more great value options for their clients.”

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