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Coventry launches £500 cashback and cuts rates

Purvey_Kevin_Coventry_2014-700.jpgCoventry for Intermediaries has launched a £500 cashback offer on some of its two and five-year fixed rate deals.
The lender has also cut rates by 0.1 per cent on its five-year residential, offset and first-time buyer mortgages.
Its rates start from 2.15 per cent for an 85 per cent LTV two-year fixed rate with a £999 fee.
Director for intermediaries Kevin Purvey says: “Our £500 cashback incentive on our two-year and five-year fixed rate mortgages will help customers with the cost of moving home, something which proved very popular with our intermediaries last year.
“We are also delighted to reduce rates by 0.1 per cent on our five-year fixed, offset and first-time buyer mortgage products.”


Coventry appoints former Northern Rock chief as chair

Coventry Building Society has appointed former Northern Rock chief executive and Hastings Group Holdings chair Gary Hoffman as non-executive director and chair. The lender has received PRA approval to have Hoffman  take on the role, replacing Peter Ayliffe who has been interim chair since the passing of Ian Pickering last September. Ayliffe will resume the […]

Ex Coventry head of products to join YBS as chief commercial officer

Yorkshire Building Society Group has appointed David Morris (pictured) as chief commercial officer and will take up the role in June, subject to regulatory approval. Morris joins from Coventry Building Society where he was head of product and has more than 12 years’ experience in the financial services sector. He began his career at Citigroup and […]


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