Coventry adds limited release 90% LTV deals

Coventry for Intermediaries has launched two 90% loan-to-value (LTV) mortgage products, which are available for a limited time.

The offerings include a 5-year fix at 3.45% with a £999 product, or a 5-year fix at 3.65% without the fee.

The products are accessible by all residential clients, require a physical valuation, and are on offer until 8pm on 15 October.

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Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We are continuing to support the market with this short-term launch and this will help to meet the significant demand for high LTV products from not only first time buyers, but next time buyers and remortgagers.

“We are well known for the consistently high level of service we provide and we are well prepared for the high level of interest in these products.

“However, we are expecting the next couple of days to be really busy and we would urge brokers to check our website for criteria to help make sure the application process runs smoothly, and also to remember that an AIP does not secure a closing product.”