The lender announced its new products would also be available to remortgagers as well as those buyers with smaller deposits.

The range includes both two-year and five-year fixed rate deals and Coventry said these mortgages would help expand options to buyers and homeowners looking for low-deposit deals.

Maire Cassidy, senior mortgage manager at Coventry Building Society, said: “High LTV mortgages are vital for a significant part of the market – not just first-time buyers but also those people with a smaller deposit who are looking to move or find a new mortgage deal for their home.

“We feel it’s the right time to support the 90% LTV market by providing more choice for borrowers.

“We’ve always looked to strike a balance between providing fantastic levels of service to mortgage brokers and borrowers, while offering them a broad choice of mortgages that are competitive in both their interest rates and product features.”