Coventry Building Society Credit Impaired Mortgage products launched

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Coventry Building Society Credit Impaired Mortgage products launched

A range of credit impaired mortgage products without early payment charges have been launched by Coventry Building Society, the company has announced.

The Coventry Building Society Credit Impaired Mortgage products have been designed to create a greater amount of flexibility for customers than is currently available in the market.

Coventry sees the latest additions to its product range as "filling an important gap" in its current portfolio.

Individual clients will be able to make use of an online service which can automatically identify a suitable credit impaired mortgage range and lending criteria.

Colin Franklin, head of sales at Coventry, said: "We believe this is a completely fresh approach to credit impaired lending by offering products without any early repayment charges across our whole range."

"We have listened to our introducer contacts and are determined to provide the flexibility they want for their clients which has been so absent from the market," he added.

Coventry Building Society also offers loan, insurance and saving account products.

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