Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates by up to 12%, with the new deals available from today.
The lender said the changes include reduced options for both new and existing customers across residential and buy-to-let lending.
Among the highlights is a 5-year fixed residential product at 5.52% to 30th November 2031, available up to 95% loan-to-value with no fee and £500 cashback for first-time buyers.
Coventry for intermediaries has also launched a 5-year fixed limited company buy-to-let product at 5.23% to 30th November 2031, available up to 75% loan-to-value with a £1,999 fee.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “With borrowers and brokers closely watching every rate movement in what’s been a fast-moving market, small changes can make a difference to advice.
“By reducing rates across key residential and buy to let products, we’re giving intermediaries more choice when recommending the most suitable solutions for their clients.”