Coventry and PMS launch credit repair product

PMS has announced the launch of an exclusive Credit Impaired product range in conjunction with Intermediaries at the Coventry, available online only through the lender’s website.

Members of Premier Mortgage Service (PMS) can now take advantage of a portfolio of 3 year fixed rates for their client on Full Status and Self Certification products in the Coventry’s Near Prime, Extra Light and Light ranges.

Fixed rates start from 5.85% (7.0%APR) for up to 90% LTV, No Early Repayment Charges and No up front fees.


Other details include:
• Up to 90% LTV

• 3.6 times income

• Defaults ignored

• CCJs over 36 months ago ignored


John Malone, managing director of Premier Mortgage Service (PMS) said: "We are grateful to the Coventry who have created this range of exclusive products. The competitive attributes of this offering will prove hugely beneficial to our database of intermediaries.”

Colin Franklin, executive head of sales of intermediaries at the Coventry said: “ Following the successful launch of our credit impaired range, we are delighted to offer this exclusive through PMS. The products are available direct to PMS’s wide membership base and our online system makes it easy to apply”.