Coventry has relaxed loan rules for intermediaries across residential and landlord products, allowing some customers to borrow more.
The broker-only department of the Coventry Building Association said its changes include increasing the loan to value limit raised by self-employed capital, which is now up to 75% and above 65%.
It also raised the highest loans for £3 million and £1.5 million for landlord applications.
Lenders also lifted the maximum LTV limit for their residential loans.
The company said the changes were immediately launched to market, which allowed brokers to use the affordability calculator on the intermediary website to determine the maximum loan amount for their clients.
Jonathan Stinton, head of intermediary relations at Coventry Building Association, said: “We made these changes to ensure that our standards remain competitive and continue to meet the needs of brokers and their clients.
“By increasing the maximum loan amount and LTV limits, we make more borrowers available to the funds they need.”
