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Coventry BS extends residential mortgage range

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  • 06/10/2020
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Coventry BS extends residential mortgage range
Coventry for Intermediaries has expanded its mortgage offering with products up to 85 per cent loan to value (LTV) and 10-year fixes.

 

It has also added more offset products to its range. 

The new products include a 10-year fixes with a rate of 3.45 per cent at 85 per cent LTV, 3.25 per cent at 80 per cent LTV and 2.55 per cent at 75 per cent LTV. 

Other products include three-year fixed mortgages up to 85 per cent LTV, with rates varying from 1.79 per cent to 2.95 per cent.

It has also released mortgages within its Flexx range up to 85 per cent LTV with no early repayment charges.  

There are also fixed rate offset mortgages up to 80 per cent LTV. 

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “While many lenders are withdrawing their products from the market, this is a strong signal that we’re open for business. Our wider range of products will help to meet the consistently strong demand from all corners of the market.

He added the lender was “in a strong position with service levels and we can provide brokers with a broader range of products that significantly increases the available options. 

“The need for transparency and certainty has never been greater and brokers can be confident that we will maintain our commitment to them, the market and our service levels, which is best encapsulated through the promises we make in our pledges.

 

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