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
True to our pledge to give you two days’ notice of product closures, we will be closing the following products at 8pm on Monday 18 July.
Here’s what’s changing:
Owner-Occupied (new business, porting, further advances and product transfers)
- Withdrawing 5 year product FII52
Buy to Let (new business, porting, further advances and product transfers)
- Withdrawing 2 year product GMG32
- Withdrawing 5 year product GMG55
- No changes to Portfolio Landlord 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 Monday 18 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.