Coventry for intermediaries reduced fixed rate offers on loans and high-value homes by up to 14 basis points, while YBS commercial mortgages can reduce certain real estate products by up to 25bps.
The broker-only division of Coventry Building Society said it has reduced home fees by up to 14bps between 90% and 95% LTV. 
Many of these products are aimed at first-time buyers and point out that they come with a £500 cashback.
Lenders add that purchase fees of up to 11bps are “fully” available.
Two-year revisions at 90% LTV at 5.41% until August 31, 2027, FTBS is available at no product charge and cashback of £500
Five-year revisions at 75% LTV are 4.72% until 31 August 2030, with a product charge of £1,999 and available at BTL Remortgages
Jonathan Stington, head of intermediary relations at the Coventry Building Society, said:
“Most FTB rates come with cashback, which increases travel costs.”
Meanwhile, YBS's commercial mortgage cuts interest rates of 15bps over a five-year fixed-rate semi-commercial range.
It also reduces fees by up to 15bps in the commercial investment range of loans for retail, office, industrial, warehouse, high quality leisure facilities and other types of commercial real estate.
Lenders say small businesses targeting people who occupy their property for owners to occupy them are also seeing a discount of 20bps.
The highlights of the new range are:
6.40% semi-profit clients from 6.55% to 60% LTV at 5 years of revised 2% rate
Commercial Investment Client's 5-year revision of 6.84%, loans over 6.99% to over £1 million, up to 75% LTV, 2% fee
Commercial lenders also offer additional 25bps discounts to borrowers seeking funding in small and medium sized high quality warehouses, optical manufacturing units and industrial units if they meet the specified criteria.
To qualify for a discount, the property must be built within the last 20 years, located in an established industrial or commercial area, and have an energy performance certificate rating from A to C.
“We are pleased to announce that we are committed to providing a range of services to our customers,” said Angela Norman, interim managing director of YBS Commercial Mortgage.
“Including discounts on industrial units that meet certain criteria can encourage commercial landlords who offer high quality properties and provide better product selection and value, but may not qualify. You can encourage applications from people who do not benefit from the standards but can benefit from the product options.
