Coventry for intermediaries has reduced rates on selected two and five-year fixed rate deals by up to 0.14 per cent
It now has a 1.79 per cent (reduced from 1.89 per cent) five-year fixed to at 50 per cent LTV, with a £999 product fee.
It also has a 1.85 per cent (reduced from 1.99 per cent) five-year fixed at 65 per cent LTV, with a £999 fee.
The lender has also launched a 1.39 per cent Flexx for Term, deal at 50 per cent LTV, with no ERCs with a £999 product fee
Director for intermediaries Kevin Purvey says: “We’re delighted to start the new year with reductions across our residential mortgage portfolio, including selected two and five year fixed products.
“We’ve also launched a new range of Flexx for Term products at 50 per cent LTV, which offer highly competitive rates and added flexibility.”