More offset mortgages are also being introduced as part of the expanded offering which is aimed at meeting the high demand being experienced at the moment.

The new products include:

10-year mortgage fixed up to 85% LTV

Fixed-rate Offset up to 80% LTV

Flexx fixed up to 85% LTV with no ERCs

Three-year fixed up to 85% LTV

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “While many lenders are withdrawing their products from the market, this is a strong signal that we’re open for business. Our wider range of products will help to meet the consistently strong demand from all corners of the market.

“We will always prioritise the fantastic levels of service that we’re renowned for but we’re now in a strong position with service levels and we can provide brokers with a broader range of products that significantly increases the available options.

“The need for transparency and certainty has never been greater and brokers can be confident that we will maintain our commitment to them, the market and our service levels, which is best encapsulated through the promises we make in our pledges.”