Coventry Update

Product updates

We’re updating our rates

True to our pledge to give you two days’ notice of product closures, we will be closing the following products at 8pm on Tuesday 05 July.

We will be launching new products at 8am Wednesday 06 July.

Here’s what’s changing:

Owner-Occupied (new business, porting, further advances and product transfers)

• All 2 year fixed rates reducing
• All BBR Tracker rates reducing
• All 5 year 75%-85% LTV fixed rates reducing
• All Offset, Interest-only and Offset Interest-only rates reducing

Buy to Let (new business, porting, further advances and product transfers)

• All standard BTL rates reducing
• All BBR Tracker rates reducing
• Updating all 2 year 75% LTV no fee rates to be available for New and Existing borrowers
• All Portfolio Landlord 5 year rates reducing
• Portfolio Landlord 2 year 65% LTV rates reducing (Excluding Flexx Fixed rates)
• Reintroducing all 2 year 65% LTV no fee & £999 fee rates and all 2 year 75% LTV £999 fee rates
• Reintroducing all 5 year £999 rates

Remember, an AIP does not secure a closing product. If an AIP refers, we can’t guarantee we’ll be able to review it before the product is closed.

So, if your AIP does refer, you should copy the case and click through to full mortgage application to secure the product. Applications received after 8pm Tuesday 05 July will not be accepted.

Visit our website for more information on our Lending policy.

All products will be available to view on our website from day of launch.