Good news for homebuyers and those looking to remortgage – Coventry Building Society has announced another round of cuts to their fixed-rate mortgages.

Just weeks after their last price cut, Coventry Building Society is reducing rates on a range of two, three and five-year fixed-rate mortgages by up to 0.30%. This applies to both new and existing customers.

What’s on offer?

The deals are available across a range of Loan-to-Value (LTV) ratios, from 65% up to 95%.

Here are some of the highlights:

• Five-year fixed rate: 4.88% with £500 cashback at 85% LTV for first-time buyers
• Two-year fixed rate: 4.89% with a £999 product fee at 75% LTV for existing customers

What does this mean for me?

These rate cuts could mean significant savings for borrowers. If you’re considering buying a home or remortgaging your existing property, it’s worth checking out the deals on offer from Coventry Building Society.

Remember, shopping around and comparing deals from different lenders is crucial to secure the best possible mortgage rate.