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Coventry for Intermediaries launches 90% LTV deals – until Wednesday

by Kevin Rose
13 July 2020
Record-breaking day for bridging lender
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Coventry for Intermediaries is returning to the 90% LTV market for a limited period.

Two five-year fixed 90% LTV products available for new and existing borrowers will be launched on Tuesday 14 July at 8am and close at 8pm Wednesday 15 July.

Jonathan Stinton, head of intermediary relationships at the Coventry Building Society, said: “Our last short-term launch of 90% LTV products in June was extremely popular and we’re fully prepared to meet strong demand throughout this two-day window.

“This is about supporting the market without compromising on the high levels of service that we’re famous for.

“Transparency and certainty – especially in this environment – is essential for brokers so they can support their clients, which is why we have issued our pledge of 48 hours notice of withdrawal of these products at time of launch.

“We expect the next couple of days to be really busy and brokers can help us to process applications smoothly. Checking our criteria beforehand – particularly on self-employed and furloughed employees – will help to speed up the process for everyone.

“Only full applications will secure the product – as all AIPs will be temporarily suspended during this period. All the details are on our website along with a dedicated coronavirus update page.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

No Result
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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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