Coventry for intermediaries has reduced rates across several owner occupier and buy-to-let (BTL) products, with new deals available from today.
Residential rates have been cut by up to 0.12%, while BTL rates have dropped by up to 0.10%.
Some products are aimed at first-time buyers (FTBs) and include £500 cashback.
Highlights include a 5.24% 2-year fixed rate to 30th November 2028 at 90% loan-to-value (LTV) with no fee, available for FTBs with £500 cashback.
There is also a 5.35% 5-year fixed rate to 30th November 2031 at 95% LTV, also with no fee and £500 cashback for FTBs.
Jonathon Stinton, head of intermediary relationships at Coventry Building Society, said: “These reductions bring yet more competitive options to brokers, especially those with clients looking to buy their first home.
“The reduced rates on high LTV products, along with the cashback, offers much-needed extra support to those trying to get a foothold on the property ladder.”