Execution-only Mortgage Disclosure
As part of your mortgage application you’ll need to read and accept this document. Please read it carefully and keep it safe. 

When you apply to complete your product transfer online you’ll be completing the application on what’s known as an ‘execution-only’ basis. This means that you are choosing for yourself which mortgage would best suit your needs and you will not receive any advice from Coventry Building Society.

By proceeding on an execution-only basis you accept the following conditions:

• No Advice - You will not receive any advice or a personal recommendation from us and we will not assess whether the mortgage meets your specific requirements.
• Waiving Protections - You are waiving the protections that would have applied under the Financial Conduct Authority’s regulations on mortgage suitability. This means you will lose the right to compensation if the product you select is unsuitable.
• Informed Decision without Advice - By proceeding with this application, you confirm that you accept the above conditions and that you are making an informed decision to proceed without advice. Please contact us if you have any questions about your mortgage offer document. 

The information provided only covers the mortgages we offer online, and not those available when applying over the phone or in branch.

The FSCS mortgage scheme provides protection for borrowers who receive bad mortgage advice from a regulated firm that has subsequently ceased trading in relation to their primary residence and lose money as a result. As you are opting to make your own choice of mortgage scheme, protection under the FSCS mortgage scheme will not apply.

The Society is authorised by the Prudential Regulation Authority and is regulated by the Financial Conduct Authority and the Prudential Regulation Authority. We only offer our own mortgages and there is no fee for using our execution-only service, although there may be product fees depending on the option you select.