Coventry Building Society has raised its interest‑only loan‑to‑value limit to 75 % and cut equity thresholds, aiming to widen mortgage options for borrowers.
This brief summarises reporting published by www.mortgagestrategy.co.uk on 19/10/2026. Claims below are attributed to that source.
Higher LTV and lower equity demand.
The Society now permits interest‑only borrowers to obtain up to 75 % of a property's value, while the minimum equity required for homes located beyond London and the South East has dropped from £300,000 to £200,000.
Broadening access, says intermediary chief.
Jonathan Stinton, head of intermediary relationships, explained that widening the interest‑only criteria is intended to make the product available to a broader range of suitable clients.
