Coventry to launch 90% LTV deal for two days only | Mortgage Strategy

Img

Coventry for Intermediaries is launching a 90 per cent loan-to-value product tomorrow, which will be available for just two working days.

Brokers will have from Wednesday morning to 8pm on Thursday to secure the deal for their clients.

Coventry has yet to reveal the price of the product, which will be a five-year fixed rate.

The deal will be open to home movers as well as first-time buyers.

Head of intermediary relationships Jonathan Stinton says: “The demand for higher LTV products has meant short-term launches are more commonplace this year. 

“But although we have to limit these products to protect our service levels, we hope that a little extra notice will give brokers more time to speak to clients who may find our products a good fit.

“We want to support the market while protecting our high level of service. 

“Last week’s extensive expansion of our product range has been well received but we’re pleased to be able to increase options further still with this short-term 90 per cent LTV launch.”


More From Life Style