Coventry for Intermediaries has returned to 90 per cent LTV lending with new deals available until Wednesday only.

The lender is offering five year fixed rates tomorrow at 8am which will only be on offer until 8pm Wednesday.

It follows news from Nationwide Building Society earlier today that it is relaunching 90 per cent LTV deals for first-time buyers.

Coventry has yet to reveal the rates it is offering on the new time-limited products.

Last month the lender made a temporary return to 90 per cent LTV offering deals from Friday to Monday across one weekend only.

Head of intermediary relationships Jonathan Stinton says: “Our last short-term launch of 90 per cent LTV products in June was extremely popular and we’re fully prepared to meet strong demand throughout this two-day window.

“This is about supporting the market without compromising on the high levels of service that we’re famous for.

“Transparency and certainty – especially in this environment – is essential for brokers so they can support their clients, which is why we have issued our pledge of 48 hours notice of withdrawal of these products at time of launch.

“We expect the next couple of days to be really busy and brokers can help us to process applications smoothly. 

“Checking our criteria beforehand – particularly on self-employed and furloughed employees – will help to speed up the process for everyone.

“Only full applications will secure the product – as all AIPs will be temporarily suspended during this period. 

“All the details are on our website along with a dedicated Coronavirus update page.”