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.
We’re updating our affordability calculator
We’re updating our affordability calculator
A hot topic to us all at the moment is the increased cost of living with rising inflation, including significant rises in gas and electricity prices. As part of our annual affordability review and to reflect the current economic outlook, we are updating our affordability calculator.
Changes will come into effect on Wednesday 18 May.
In order to secure your client’s application using the current affordability calculator, a full mortgage application must be submitted by 8pm Tuesday 17 May. All applications received after this time will be reassessed with our updated affordability calculator.