Coventry for intermediaries has today launched a range of mortgages for borrowers with just a 5% deposit. The new mortgages are fixed for 5 years and have a maximum loan size of £400,000, even for first time buyers.
The 95% LTV* range is available for purchase and further borrowing, and includes a standard valuation up to £670 as well as fee-free options. There’s also a £500 cashback incentive on selected products.
To see the full product range, visit coventryforintermediaries.co.uk.
Don’t forget – they made a number of significant changes in 2019 that will really support you and your clients in 2020
Get in touch with your Barclays Support Team today to find out more about how Barclays can help you and your clients in 2020.
Summary of changes:
2. Rental calculation for BTL individual application