The Flexx for Term range is available from 1.39% at 50% LTV and comes with no ERCs and a £999 product fee.
Five-year fixed rates have been reduced from 1.89% to 1.79% at 50% LTV and from 1.99% to 1.85% at 65% LTV.
Kevin Purvey, Director of Intermediaries, said: “We’re delighted to start the new year with reductions across our residential mortgage portfolio, including selected two and five year fixed products.
"We’ve also launched a new range of Flexx for Term products at 50% LTV, which offer highly competitive rates and added flexibility. With a variety of LTVs and fee options available, brokers can start 2017 by finding a great mortgage for their clients with Coventry for intermediaries.”
