Coventry for intermediaries is re-entering the 95% LTV market with two 5-year Fixed products aimed at people buying homes with smaller deposits.
The 95% LTV products are priced competitively and, with a maximum loan size of £400,000, they should appeal to a significant part of the purchase market looking for higher LTV products as they are available for home movers as well as FTBs.
The range includes options with and without a product fee. Brokers have been reminded that the fee can be added to the loan but the total borrowing including any added fees must not exceed 95% LTV.
Products are available for purchase and product transfer only.
Highlights of the Residential range include:
- 3.89% 5 Year Fixed to 30.06.26 with ERCs until 30.06.26. 95% LTV, £999 product fee. (Available for purchase and product transfer);
- 4.09% 5 Year Fixed to 30.06.26 with ERCs until 30.06.26. 95% LTV, no product fee. (Available for purchase and product transfer).
To see the full product range, visit Coventry for intermediaries
