Coventry for Intermediaries to launch 90% LTV deals

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Coventry for intermediaries has stated that it will introduce two five-year fixed 90% LTV products for new business from Friday 12 June.

It will also be extending end dates from June to September on all fixed owner-occupied products.

A number of lenders have recently pulled their 90% LTV products, following large demand for the higher LTV deals.

Kevin Purvey, director of mortgage distribution at Coventry Building Society, said: “We are re-entering the market at 90% LTV and accepting applications from Friday. Full details of the new products will be sent to brokers on Friday morning.

“There is clear demand from customers and brokers for high LTV products and we are looking to support the market.”

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