Coventry seems to be dual pricing despite its claims

Correct me if I\'m wrong but didn\'t Coventry once state that it would not go down the dual pricing route?

I have clients coming off fixed rate products with Coventry at the end of December. They have been offered a tracker rate at base rate plus 0.6% or a fixed rate at 3.99% if they stay with the lender.

But the best I can find for brokers on Coventry’s website is a fixed rate at 6.55% or a privilege rate at 5.24%. This looks a lot like dual pricing to me.

Steve Price

Woodenbox Mortgages