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.
True to our pledge to give you two working days’ notice of product closures, our latest changes will come into effect from 8am Thursday 10 June 2021.
Please remember that an AIP does not secure a closing product. In order to secure closing products, a full application must be submitted by 8pm Wednesday 9 June 2021.
Applications received after this time will not be accepted. If an AIP refers, we cannot guarantee to review this before a product is closed. Therefore if your AIP does refer you should still proceed to full mortgage application to secure the product.
Lower rates on Residential and Offset mortgages
The sun has finally come out to play, and it’s shining bright on our product range! That’s because we’ve cut selected rates by up to 20 basis points across our Standard Residential, Product Transfer and Offset mortgages at 65% LTV and below.
There’s plenty of choice with 2, 3 and 5 Year Fixed rates available, as well as options with no product fee. Products also include a standard valuation up to £670 and our Remortgage Transfer Service, where applicable.
Highlights of our competitive range include:
Coventry for intermediaries lowers rates on selected Buy to Let mortgages
Coventry for intermediaries has reduced the rates on selected Buy to Let mortgages by up
to 16 basis points, with the changes applying to 75% LTV products.
Highlights of the Buy to Let range include:
- 2.29% (was 2.45%) 5 Year Fixed to 31.01.27 with ERCs until 31.01.27. 75%
LTV, £1999 product fee. - 1.79% (was 1.89%) 2 Year Fixed to 31.07.23 with ERCs until 31.07.23. 75%
LTV, £1999 product fee.