View more on these topics

Coventry brings in offset mortgage and cuts BTL rates


Coventry for Intermediaries has brought in a new offset mortgage and cut its buy-to-let rates.

The offset loan is a 1.59 per cent flex for term at 50 per cent LTV, with a £999 fee and no ERCs.

The lender has cut buy-to-let rates by 0.20 per cent to 1.99 per cent on its flex for term loan at 65 per cent LTV with a £1999 fee and no ERCs.

Coventry for Intermediaries director of intermediaries Kevin Purvey says: “With competitive rates starting from 1.49 per cent, this range is ideal for clients who like the idea of using their savings to reduce their monthly repayments or overall mortgage term.”



Coventry trims rates on residential deals

Coventry for intermediaries has reduced rates on selected two and five-year fixed rate deals by up to 0.14 per cent It now has a 1.79 per cent (reduced from 1.89 per cent) five-year fixed to at 50 per cent LTV, with a £999 product fee. It also has a 1.85 per cent (reduced from 1.99 […]


Coventry BS to pay retention proc fees this year

Coventry Building Society is set to pay brokers procuration fees for retention business in 2017. The lender currently does not pay the fees, but has been reviewing its position. A Coventry Building Society spokeswoman says: “As part of our pledges, we give our brokers’ clients access to the same new business products as our direct […]


Coventry for Intermediaries launches 1.84% five-year fix

Coventry for Intermediaries has launched its lowest ever five-year fixed rate at 1.84 per cent. The residential loan is available at 50 per cent LTV. It has a £999 product fee. The lender has also introduced a five-year fix at 3.05 per cent at 90 per cent LTV with no product fee. Coventry for Intermediaries […]

Retire, retirement, calculator

Defined benefit schemes: Part 2

Justin Corliss, business development manager In defined benefit (DB) schemes part 1, we looked at recent guidance aimed at DB scheme trustees and sponsors. In part 2 we will look at guidance available to pension transfer specialists (PTS). In the first instance, PTS should familiarise themselves with COBS 19. All guidance below is designed to […]

hastings logo

Case study – employee engagement platform centralises benefits for higher uptake

Learn how Hastings Academies Trust adopted an employee engagement platform to reinforce unity among new and veteran employees with bespoke branding and segmentation technology. Download the free case study to learn how you too can: Strategically use branding to unite a spread out workforce and reinforce key values among staff Target your message to the […]


News and expert analysis straight to your inbox

Sign up

Why register with Mortgage Strategy?

Mortgage Strategy continues to be the market-leading B2B mortgage publication in the UK, and provides trusted, independent insight with the aim of helping, promoting and analysing the latest developments for mortgage professionals.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Mortgage Strategy Events
Be the first to hear about our industry leading conferences, awards, webinars and more.

Research and insight
Take part in and see the results of Mortgage Strategy's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now