Coventry reduces residential and buy-to-let rates by up to 0.25%

Coventry for intermediaries has reduced selected rates by up to 0.15% on products up to 85% LTV across its residential range.

Related topics:  Mortgages
Rozi Jones
7th July 2022
Coventry
"These changes will allow us to strike a better balance between meeting client demand for competitive rates and balancing service."

In its residential range, five-year fixed rates now start at 3.25% up to 75% LTV with a £999 fee or 3.54% fee-free. At 85% LTV, a five-year fixed rate has reduced to 3.35% with a £999 fee. All products are available for purchase, remortgage, product transfer and further advances.

The Society has also reduced selected buy-to-let and portfolio landlord rates by up to 0.25% and expanded its buy-to-let and portfolio ranges.

Ben Williams, corporate account manager at Coventry for intermediaries, said: “We’re continuing to support the broker market where we can with more competitive rates across a large selection of products.

"These changes will allow us to strike a better balance between meeting client demand for competitive rates and balancing service. In the current market, brokers and their clients should see the appeal of a good mix of both.”

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