TITLE

Coventry Building Society moves into credit impaired market

PUB. DATE
April 2006
SOURCE
Credit Control;2006, Vol. 27 Issue 4/5, p96
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the development of Coventry Building Society specifically in moving into the credit impaired mortgage market in Great Britain. The Society is expanding towards the credit impaired market to become the only top 20 mortgage lender offering credit impaired products. It is considered to be a completely fresh approach to credit impaired lending with products without early repayment charges. Its systems are designed to automatically identify the availability of the products.
ACCESSION #
24038856

 

Related Articles

  • Brokers bring in business at booming Coventry. Jones, Lee // Money Marketing;8/28/2008, p8 

    The article reports on the 24% increase in net mortgage lending of Coventry Building Society due to brokers in Great Britain. The author stated that in the first half of 2007, the mutual's net lending of the company has increased to £851m from £706m. In addition, the profits for the group...

  • Coventry's mortgage lending up 14% in 2011. Norman, Tessa // Mortgage Strategy (Online Edition);3/1/2012, p5 

    The article reports on the increase in gross mortgage lending posted by Coventry Building Society for the year 2011.

  • Advisers praise Coventry as it lays down challenge with proc fees rise. Ray, Devraj // Mortgage Strategy (Online Edition);1/8/2014, p11 

    The article reports on the decision of Great Britain-based lending institution Coventry Building Society in raising its procuration fees starting January 1, 2014.

  • Gross lending by Coventry rose 14% to hit £4bn in 2010.  // Mortgage Strategy;3/5/2012, p11 

    The article reports a 14 percent increase in Coventry Building Society's gross mortgage lending to 4 billion British £ in 2011.

  • Coventry BS increases new lending by 33%. Brennan, Henry // Mortgage Strategy (Online Edition);8/10/2012, p5 

    The article reports that Coventry Building Society increased gross mortgage lending by 33 percent and posted record profits of 18 percent during the first half of 2012.

  • Coventry new lending grows 33%.  // Mortgage Strategy;8/13/2012, p5 

    The article reports that Great Britain's Coventry Building Society increased new mortgage lending by 33% to 2.5 billion pounds year on year from 1.9 billion pounds in the first half of 2011, noting that at 21.9%, the society's Core Tier 1 ratio remains the highest reported by any building society.

  • New mortgage lending growth boosts Coventry BS's profits. Brennan, Henry // Mortgage Strategy (Online Edition);3/1/2013, p13 

    The article focuses on a report by Coventry Building Society, which states that there was a 49 per cent increase in pre-tax profits for the year ending December 31, 2012. The report also claims that Covetry has taken its highest ever share of the British mortgage market. Its chief executive...

  • Coventry BS to pull out of interest-only for new lending. Thomas, Paul // Money Marketing (Online Edition);11/29/2012, p13 

    The article reports on the decision of Coventry Building Society to pull out its interest-only residential mortgages for new lending in Great Britain. The author mentions that Coventry will only offer the product for buy-to-let loans. He adds that the decision came after interest-only mortgages...

  • Flexibility factor. Lakey, Alan // Money Marketing;1/19/2012, p44 

    The article reports that Coventry Building Society has established a five-year fixed rate at 3.89 per cent for loans up to 65 per cent of valuation to a maximum of 1m pound. Highclere Financial Services partner Alan Lakey says Coventry has shown its forward-thinking and innovative vision and...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics