Coventry Building Society withdraws all products above 65% LTV

Jessica Nangle

March 27, 2020

Coventry Building Society has made the decision to temporarily withdraw all residential, buy-to-let and Further Advance mortgage products above 65% LTV with immediate effect.

The society’s full product transfers product range remains available.

The society says that the “ever-changing” coronavirus situation and its impact on the market has led to the decision.

The changes are temporary according to the Coventry, but by withdrawing these products they hope to “continue to support the unprecedented number of requests from customers who require payment holidays, and process mortgage offer extensions for those in need”.

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