Coventry for intermediaries has today cut residential and buy-to-let rates by up to 10bps.

Andrea Melville becomes CEO of The Co-operative Bank and chief commercial officer of Coventry Building Society Group.

Residential, buy-to-let, and the newly launched limited company buy-to-let rates are all benefitting from a reduction.

The Society has also announced buy-to-let criteria changes.

The Society has cut residential and buy-to-let rates by up to 0.25%.

Rates have reduced for both new and existing customers.

Lender Connect pre-populates decisions in principle and full mortgage applications.

The lender has reduced purchase and remortgage rates across its ranges.

A number of the reductions are specifically aimed at supporting first-time buyers and come with £500 cashback.

The Society has trimmed rates by 0.10%.