The Intermediary · https://theintermediary.co.uk/2026/06/coventry-for-intermediaries-cuts-mortgage-rates-by-up-to-0-20/
Coventry for intermediaries has announced a series of mortgage rate reductions across its residential and buy-to-let ranges, with selected products reduced by up to 0.20% from today.
The lender has reduced residential rates by up to 0.20% and buy-to-let rates by up to 0.13%, with the changes available to both new and existing customers.
The latest cuts come as competition across the mortgage market remains strong, with lenders continuing to adjust pricing to attract new business.
Among the revised products is a 2-year fixed rate at 5.15% to 30th November 2028 at 90% loan-to-value with no fee. The product is available to first-time buyers and includes £500 cashback.
Coventry for intermediaries has also reduced its 5-year fixed rate residential purchase product to 4.60% to 30th November 2031 at 75% loan-to-value with a £999 fee.
The latest reductions follow a series of pricing changes across the market in recent weeks, as lenders respond to changing funding costs and seek to support borrowers looking to purchase, remortgage or review their existing mortgage arrangements.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “Continuing rate reductions gives brokers more opportunities to re-engage clients who may have been holding off making a move.
“The market remains highly competitive and even relatively small pricing changes can help improve monthly costs or make certain options more attractive for borrowers.”
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