Coventry for intermediaries has reduced selected fixed rates by up to 9bps
news | Over 1 year ago | Tara Sammons

Coventry for intermediaries slashes fixed BTL rates

Coventry for intermediaries has reduced selected fixed rates by up to 9bps for both residential and BTL applications.


Coventry's five-year fixed-rate BTL remortgage product, at 65% LTV and no product fee, is now available at 4.51% until end of August 2030.

This offer also includes the option of either a £350 cashback or a remortgage transfer service.

The building society’s two-year 75% LTV residential purchase product has also been reduced to 4.38%.

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, commented: “We’ve seen some positive moves in the market, allowing us to pass on reductions to many of our fixed-rate products.

“We’re pleased to further support mortgage brokers and their clients by offering more competitive rates, creating greater choice for people selecting their next mortgage deal.”

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