The Coventry cuts selected resi rates

Coventry for intermediaries has cut selected rates on selected offset and interest-only mortgages, with the interest-only range being reduced by up to 0.46% and the offset range by up to 0.50%.

Related topics:  Mortgages
Amy Loddington
17th September 2021
Coventry

Highlights of the competitive range include a 1.39% (down from 1.79%) 2-year fixed offset mortgage at 65% LTV with no product fee.  And an interest-only1.49% (was 1.75%) 5-year fixed product at 50% LTV, no product fee. 

Jonathan Stinton, Head of Intermediary Relationships at Coventry Building Society, said: 

“We’re delighted to make further rate reductions on our residential mortgages, this time on our offset and interest-only ranges. With a huge number of borrowers’ mortgage deals due to end in the next couple of months, now is a great time for brokers to check in with their clients and help them find the right mortgage for their needs.”

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