Coventry for intermediaries reduced rates on selected mortgages for first-time buyers (FTBs) and buy-to-let (BTL) limited companies.
The new rates are available for new customers, with FTB products reduced by up to 0.11% and limited company BTL products down by up to 0.25%.
Ben Williams, corporate account manager at Coventry Building Society, said: “These rate reductions will be welcome news for brokers and their clients who are either looking to get their first home or are managing a rental portfolio.
“We’ve seen a period of uncertainty within the market and rates have been increasing on the whole.
“These reductions will not only add greater choice for anyone looking at their mortgage options, they may also create a little more confidence that the market remains competitive.”