Coventry for intermediaries has cut 5-year fixes at a range of loan-to-values – as it now offers a rate of 2.19% to 75% LTV with a £499 product fee after a -0.16% rate cut.
Other highlights are a rate of 2.99% (-0.10%) to 90% LTV with no product fee and a rate of 1.79% (-0.16%) to 50% LTV with a £999 product fee.
Kevin Purvey, director of intermediaries, said: “With reductions of up to 0.24%, our
5-year fixed residential range is now even better.
“In addition to competitive rates and a range of LTVs and fees available, all of our products are application fee free and include a valuation of up to £670 for residential mortgages.
“We’re confident that our improved range will be welcomed by brokers and their clients looking for the stability of a long-term fixed rate”.