Coventry has opened applications for its time-limited 90 per cent loan-to-value deal.

The product is a five-year fixed rate priced at 3.65 per cent with no fee.

Brokers only have until 8pm tomorrow to submit applications.

The rate on the new deal is 26 basis points higher than the last time Coventry offered a time-limited 90 per cent LTV deal.

In July, the lender offered a five-year fix at 3.39 per cent with no fee.

At the same time it also offered an alternative lower rate deal at 3.19 per cent with a £999 fee.