Brilliant Solutions

Coventry Update

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 reducing our rates

True to our pledge to give you two working days’ notice of product closures, our latest changes will come into effect from 8am, Friday 23 July 2021.

Here’s what’s changing:

Owner-Occupied

  • 2 Year Fixed Residential at 90% LTV rates reducing by up to 26bps
  • 5 Year Fixed Residential at 90% LTV rates reducing by 10bps

Buy to Let

  • 2 year & 5 year Fixed BTL at 65% LTV rates reducing by up to 26bps
  • 2 year & 5 year Fixed Portfolio Landlord BTL at 65% LTV rates reducing by up to 26bps
  • End dates extending across all BTL and Portfolio Landlord BTL products

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, Thursday 22 July 2021 will not be accepted.

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