Coventry Building Society will be closing select products at 8pm tomorrow, including residential and buy-to-let new business deals.
In a note to brokers, the lender said it launched products at 8am on 19 July.
On the residential side, Coventry said it would increase all fixed new business rates, which includes offset, interest-only and offset interest-only.
All fixed new business rates will be withdrawn at 80 per cent loan to value (LTV).
The firm added that it would temporarily withdraw the remortgage cashback option on offset, interest-only and offset interest-only deals.
On the buy-to-let side, in its new business range all fixed and portfolio new business rates at 65 per cent LTV will go up.
All fixed buy-to-let and portfolio buy-to-let new business rates at 75 per cent LTV will be withdrawn.
No changes have been made to existing customer ranges.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
