Coventry for intermediaries has relaxed lending guidelines throughout residential and landlord merchandise, permitting some prospects to borrow extra.
The broker-only arm of Coventry Building Society says its adjustments embody elevating loan-to-value limits for self-employed capital elevating, now as much as 75%, up from 65%.
It has additionally raised most loan quantities to £3m for residential purposes and £1.5m for landlord purposes.
The lender has additionally lifted most LTV limits throughout its residential loans.
The agency says these adjustments come to market instantly, which permits brokers to decide their consumer’s most loan quantity utilizing the affordability calculators on its middleman web site.
Coventry Building Society head of middleman relationships Jonathan Stinton says: “We’ve made these adjustments to make sure our standards stays aggressive and continues to satisfy the wants of brokers and their purchasers.
“By rising most loan quantities and LTV limits, we’re making it potential for extra debtors to entry the funding they want.”