"We continue to support the market with reduced rates and new products."
Coventry for Intermediaries has reduced selected residential rates by up to 23bps and launched 50% LTV products for new and existing customers.
Fixed rate options are available for two, three and five years, alongside two-year tracker options.
At 85% LTV, a two-year fixed rate has reduced to 4.62%, available for residential purchase and remortgage with a £999 product fee.
New 50% LTV products include a five-year fixed rate at 3.96% with a £999 product fee for purchase and remortgage, with £350 cashback or remortgage transfer service.
In addition, fixed rate products for existing buy-to-let customers have been reduced by up to 70bps.
A five-year fixed rate buy-to-let product for product transfer and further advance is available at 4.70% at 50% LTV with a £1,999 fee.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “We continue to support the market with reduced rates and new products. This gives brokers a range of attractive options to discuss with their clients, making it a great time for brokers to re-engage with borrowers and help them find the best possible product.”
