Get Your Best Mortgage Deal, Completely Fee-Free!

Coventry Building Society Mortgages Reviewed

Coventry Building Society, one of the UK’s largest building societies, is a mortgage lender we trust and recommend to many clients. With a rich history dating back to 1884, they’ve built a reputation for ethical lending and putting customers first. Whether you’re a first-time buyer, moving home, or remortgaging, Coventry Building Society has a range of mortgages to suit your needs.
In this guide:
    Add a header to begin generating the table of contents

    If you’re looking for a new mortgage, you have a wide number of Mortgage Lenders in the UK to choose from.

    One such lender is Conventry Building Society, who recently bought Platform mortgages an intermediary mortgage lender for the Co-operative Bank.

    Keep reading to learn more and then get in touch with our team to see if Conventry BS is the right mortgage lender for you.

    About Coventry Building Society Mortgages

    Coventry Building Society recently welcomed Platform Mortgages, previously part of The Co-operative Bank, into their family. This move, completed in early 2025, brought together the strengths of two well-regarded lenders. Platform’s legacy of ethical lending and innovative mortgage solutions is part of Coventry’s broader offerings, giving customers even more choice and flexibility.

    Is Coventry Building Society a Good Mortgage Lender?

    Coventry Building Society is widely regarded as a reliable and customer-focused mortgage lender, offering various products to suit different needs. Here’s an overview of why they stand out:

    Conventry Building Society were awarded a gold ribbon for customer experience by Fairer Finance (autumn 2024) for their mortgages.

    Customer Satisfaction

    Coventry Building Society consistently receives high praise for its customer service, making the mortgage process smooth and stress-free. Borrowers often appreciate:

    • Friendly and approachable staff.

    • Transparent and efficient communication.

    • A reliable and supportive mortgage journey.

    Great Rates

    Known for its competitive rates, Coventry Building Society helps borrowers manage repayments effectively while saving money. Their mortgage rates cater to:

    • First-time buyers seeking affordable options.

    • Homeowners looking to remortgage at better rates.

    • Those aiming for manageable, cost-effective solutions.

    • Anyone who has an existing mortgage with Coventry Building Society.

    Ethical Lending

    As a mutual building society, Coventry prioritises doing what’s right for its members and communities. Their ethical approach includes:

    • Reinvesting profits to improve services and offer better rates.

    • Supporting sustainability through eco-friendly initiatives.

    • Contributing to charitable causes, such as homelessness prevention.

    Flexible Options and Lending Criteria

    Coventry offers a variety of mortgage products to suit different borrower needs and life stages. With their flexibility, borrowers can benefit from:

    • Mortgage terms range from short-term to 40 years.

    • Tailored options for first-time buyer mortgages, movers, and landlords.

    • Inclusive lending criteria for a wide range of financial profiles.

    This ensures there’s a solution for almost any situation.

    Coventry Building Society Mortgage Products

    Coventry Building Society offers a variety of mortgage options tailored to meet the needs of first-time buyers, landlords, and home movers. Their products are designed to provide flexibility, affordability, and value for different financial situations.

    Coventry makes it easier for first-time buyers to step onto the property ladder with competitive rates and helpful incentives.

    Key Features:

    • Cashback Offers: £1,000 cashback for first-time buyers in CV postcode areas.
    • High Loan-to-Value (LTV) Mortgages: Options available with just a 5% deposit (95% LTV).
    • Guided Support: Expert advice throughout the buying process.

    For landlords looking to expand or refinance their property portfolios, Coventry offers flexible buy-to-let mortgages.

    Key Features:

    • Competitive Rates: Designed to maximize rental yield.
    • Flexible Terms: Options to suit different investment strategies, including long-term plans.
    • Portfolio Support: Suitable for single properties or larger portfolios.

    Coventry provides tailored solutions to help home movers make the transition to their next property as smooth as possible.

    Key Features:

    • Flexible Terms: Mortgage options from short-term to 40 years.
    • Porting Options: Existing Coventry customers can transfer their current mortgage to a new property.
    • Affordable Rates: Competitive interest rates to fit your budget

    Mortgage Calculator

    Enter your details in the calculator to estimate the size of your Conventry BS mortgage repayments. To get a more accurate figure related to your repayments and the overall cost of a mortgage with this lender, arrange an appointment with a member of our team.

    Coventry Mortgage Rates

    Coventry Building Society is renowned for offering competitive mortgage rates across its product range. Their rates are designed to suit various borrowing needs, whether you’re a first-time buyer, remortgaging, or investing in a buy-to-let property.

    Factors Influencing Coventry’s Rates

    Coventry’s mortgage rates are influenced by:

    • Loan-to-Value (LTV): Lower LTV ratios typically offer more competitive rates. For example, a borrower with a 75% LTV may secure a better fixed rate than a 90% LTV.

    • Mortgage Type: Fixed rates often differ from tracker rates, depending on the level of security and flexibility offered.

    • Mortgage Term: Longer fixed-rate terms may come with slightly higher rates than shorter terms.

    Why Coventry Rates Are Competitive

    As a mutual building society, Coventry reinvests profits to offer better rates and services for its members. This approach often results in rates that are competitive compared to many high-street lenders.

    Check the Latest Coventry Mortgage Rates

    Mortgage rates are subject to change, so getting the latest updates is essential. At YesCanDo Money, we stay on top of Coventry’s rate changes and can guide you toward the best deals for your needs. Contact us to find out how their rates compare to most lenders and to secure the most cost-effective option.

    Coventry Loan-to-Value (LTV) Ratios Explained

    Coventry offers mortgages across various LTV ratios, making it possible for a wide range of borrowers to secure a mortgage deal. Here’s a breakdown of their typical LTV options:

    • 95% LTV: Perfect for first-time buyers with a smaller deposit, requiring just 5%. This option helps make homeownership more accessible while remaining competitive.

    • 90% LTV: Suitable for borrowers with a 10% deposit, offering a balance between affordability and competitive tracker and fixed rates.

    • 85% LTV: Ideal for home movers with more equity, requiring a 15% deposit and giving access to better rates.

    • 75% LTV and below: For those with larger deposits (25% or more), these options offer Coventry’s most competitive rates, making them an excellent choice for remortgaging or purchasing higher-value properties.

    For new build properties, Coventry offers:

    • Up to 90% LTV for houses

    • Up to 75% LTV for flats

    Understanding your LTV is crucial, as it influences the interest rates available and the overall affordability of your mortgage. Our team can guide you in choosing the right Loan to Value and ensure you avoid paying any early repayment charges.

    Common Questions About Coventry Mortgages

    Most applications are processed within 2-3 weeks. We’ll keep things moving smoothly to save you time. This can be quicker for existing members of the Coventry Building Society.

    Some of Coventry’s flexible mortgages allow for payment holidays. Let us check if this applies to your mortgage deal.

    Your mortgage will move to Coventry’s standard variable rate, and the need to pay any early repayment charges will end. Unless you remortgage before this date you will more than likely see a big jump in your monthly repayments. We’ll help you switch to a better deal in time.

    Yes! Coventry allows overpayments on most products, up to 10% of your balance per year, without penalties.

    Fee Free Mortgage Advisor Team

    Coventry Building Society Mortgage Advisor

    We offer FREE dedicated support throughout out the mortgage process, we have full-market access to the best mortgage rates & deals. We do everything for you, for free!

    OR FILL IN OUR FORM

    Let us know what the best time is for us to call you. We will get one of our mortgage advisors will be in touch to talk through your situation and available options.

    Other Mortgage Lenders

    Reviewing Accord Mortgages

    Reviewing Accord Mortgages Explore our selection of Accord Mortgages and calculate how much you can afford. Learn more about one of the UK’s top mortgage ...
    Read More →

    Nationwide Mortgages Reviewed

    Nationwide Mortgages Reviewed Nationwide Building Society (The third biggest UK mortgage lender) There are over 100 mortgage lenders in the UK, with Nationwide being one ...
    Read More →

    Virgin Money Mortgages Reviewed

    Virgin Money Mortgages Getting a mortgage with Virgin Money (The seventh biggest UK mortgage lender) The UK mortgage market is very competitive, with more than ...
    Read More →

    Santander Mortgages Reviewed

    Santander Mortgages Reviewed Getting a mortgage with Santander (The fourth biggest UK mortgage lender) There are over 100 mortgage lenders operating in the UK, including ...
    Read More →

    HSBC Mortgages Reviewed

    HSBC Mortgages Reviewed Getting a mortgage with HSBC (The sixth biggest UK mortgage lender) There are over 100 mortgage lenders operating in the UK, including ...
    Read More →

    Reviewing Digital Mortgages by Atom Bank

    Digital Mortgages by Atom Bank Getting a mortgage with a modern lender Digital Mortgages by Atom Bank Experience the future of mortgages with Digital Mortgages ...
    Read More →

    BM Solutions Mortgage Guide

    BM Solutions Mortgages: Your Complete Guide If you’re an existing customer of BM Solutions (Birmingham Midshires Mortgages) seeking buy-to-let mortgage advice, you might have found ...
    Read More →

    Generation Home (Gen H)

    Generation Home (Gen H) Generation Home has a new and modern approach to mortgage lending. There are currently around 100 mortgage lenders in the UK ...
    Read More →

    Platform mortgages (The Co-operative Bank)

    Platform mortgages (The Co-operative Bank) As a mortgage broker, we work with Platform Mortgages (part of the Co-operative Bank) who are a provider of mortgage ...
    Read More →

    Halifax Mortgages Reviewed

    Halifax Mortgages Reviewed Getting a mortgage with Halifax (Part of the biggest UK mortgage lender – The Lloyds Group) The UK has more than 100 ...
    Read More →

    Barclays Mortgage Review

    Barclays Mortgages Reviewed Barclays is one of the biggest lenders on the UK high street so if you’re looking for a mortgage, it might be ...
    Read More →

    NatWest Mortgages Reviewed

    NatWest Mortgages Reviewed The NatWest Group (The second biggest UK mortgage lender) NatWest is an award-winning mortgage lender offering mortgages to first-time buyers, home movers, ...
    Read More →

    Skipton Mortgages Reviewed

    Skipton Mortgages Reviewed Skipton Building Society (The seventh largest UK mortgage lender) Skipton Building Society is one of the largest building societies in the UK. ...
    Read More →
    Picture of Grant Humphries (CeMAP)
    Grant Humphries (CeMAP)

    Grant Humphries (CeMAP) is a proficient Mortgage & Protection Adviser at YesCanDo Money. With a career spanning since 2001, Grant has honed his expertise in understanding mortgage lenders' criteria, complex financial situations, and the nuances of the mortgage market. His deep knowledge enables him to provide tailored solutions, especially for professionals and those with unique financial profiles. At YesCanDo, Grant's commitment to excellence is evident. He takes pride in guiding clients through their mortgage journey, ensuring they feel confident and informed at every step. From first-time buyers to seasoned investors, Grant's analytical approach and dedication make him a trusted adviser in the financial landscape

    Contact Us
    Scroll to Top
    This website uses cookies to improve your experience. If you continue we’ll assume you’re happy. See our privacy policy for more information.