Record new business enquiries at Coventry for Intermediaries

Published on

Coventry for Intermediaries has seen record numbers of calls and chats into its broker facing support teams in the first three months of the year.

Despite processing over 150,000 completed contacts, new business enquiry daily wait times averaged 43 seconds on the phone and 34 seconds on chat.

January remains the busiest month to date for new business enquiries at Coventry for Intermediaries, as pent up demand and the Stamp Duty holiday has seen demand surge across the market in recent months. Almost 10,000 new business enquiries were answered in January alone, while average wait times increased to just 72 seconds.

Keith Williams, intermediary operations manager at the Coventry Building Society, said: “Our phones haven’t stopped ringing this year. The market as a whole is having a bumper start to the year but, while we’re very pleased to see record new business calls, we’re incredibly proud that our service levels have remained so high.

“Our intermediary partners have been working flat out to meet the demand from their clients and we know they’d rather be writing new business than listening to hold music. Being able to measure our call and web chat wait times in seconds rather than minutes is a good sign that we’re able to manage call volumes even during our busiest times.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Private rental sector ‘losing 562 properties a day’

The private rental sector is losing properties at its fastest rate since records began...

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...

Skipton extends Delayed Start mortgage to more home movers

Skipton Building Society has widened access to its Delayed Start Mortgage, allowing more home...

Latest publication

Other news

Private rental sector ‘losing 562 properties a day’

The private rental sector is losing properties at its fastest rate since records began...

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...