Coventry have announced an intermediary update which is available below. Coventry and Godiva products are available through our direct to lender mortgage club so contact our team to find out how we can help you and our business with our mortgage support.
Product updates
In line with our commitment, we’re giving you two working days’ notice of product closures
Closures will come into effect from: 8pm Thursday 4th December
To secure a product, you’ll need to submit the application in full before 8pm on the closure date above. This applies to both new business cases and product transfers.
Any new products will be launched from 8am the day following closure.
Here’s what’s changing:
Residential
New Borrowers
- Reducing all Fixed 80-90% Remortgage rates
- Reducing all 2 Year Fixed 90-95% Purchase rates
- Reducing all 5 Year Fixed 90-95% Purchase rates
- Reducing all 3 Year Fixed 90-95% Purchase rates with No Fee
- Reducing all 3 Year Fixed 95% Purchase rates with Fee
Existing Borrowers
- Reducing all Fixed 90-95% rates
Buy to Let and Limited Company Buy to Let
New Borrowers
- No Changes
Existing Borrowers
- No Changes
Remember – Pending product transfer paper application requests must be signed and sent back to us within 48 hours of the date of illustration.
There are no changes to our product range other than those listed.