Coventry for Intermediaries launches 65% resi products | Mortgage Strategy

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Coventry for Intermediaries has updated its residential product range with two-, three- and five-year options at 65% loan-to-value (LTV). 

It has also launched fee options for all standard fixed residential products.

The lender has also reduced rates on other products including five-year fixed offset and interest-only rates, and buy-to-let rates at 65% LTV.

New products include a five-year 65% LTV with a fixed rate of 5.34% and a £999 product fee.

It has also introduced the same product with no fee with a fixed rate of 5.50%.

The new three-year 65% LTV will launch with a fixed rate of 5.53% and a product fee of £999.

Finally, the new two-year 65% LTV will be introduced with a fixed rate of 5.70% and a product fee of £999. 

Coventry for Intermediaries head of intermediary relationships Jonathan Stinton says: “Right now brokers are faced with the challenge of helping clients manoeuvre through an uncertain market. That can add further complexities to the already complex job of advising.”

“Expanding our range should help brokers present their clients with more options to discuss – something which there is currently a strong demand for.”


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