Coventry for Intermediaries is set to make a series of mortgage product changes, including reductions in fixed rates across its residential and buy-to-let ranges.
Among the key updates, all fixed rates for new and existing residential borrowers will be reduced.
Similarly, fixed rates for buy-to-let and portfolio buy-to-let products will also see reductions, with the exception of limited company buy-to-let products, which are not included in this update.
In line with its ongoing commitment to providing advance notice, the lender has given intermediaries two working days’ warning of the upcoming product closures.
These changes will come into effect from 8pm tomorrow, Thursday 26th June.
Intermediaries seeking to secure current products must ensure applications are successfully submitted before the 8pm deadline.
This applies to both new business applications and product transfers.
Following the closure, Coventry for Intermediaries will launch new products from 8am on Friday, 27th June.
