Coventry for Intermediaries – Product Updates

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Coventry for Intermediaries logoCoventry for Intermediaries is closing some of their rates

True to their pledge to give you two days’ notice of product closures, they will be closing the following products at 8 pm on Tuesday 30 August.

Here’s what’s changing:

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

  • Withdrawing all 2-year fixed rates at 90% and 95% LTV (including FTB-only rates)
  • Withdrawing all 5-year fixed rates at 90% and 95% LTV (including FTB-only rates)
  • No changes to their Offset and Interest-only rates
  • No changes to their existing customer-only rates

Buy to Let

  • Withdrawing all 2-year fixed BTL and Portfolio BTL rates
  • No changes to 2-year BTL and Portfolio BTL Tracker rates

Remember, an AIP does not secure a closing product. If an AIP refers, they can’t guarantee they’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 the full mortgage application to secure the product. Applications received after 8 pm Tuesday 30 August will not be accepted.