Coventry’s FLS Buy-To-Let Play Could Flip Public Switch

Coventry Building Society’s mortgage subsidiary Godiva has retained a buy-to-let residential mortgage-backed deal, Mercia No. 1, for use in the U.K. Funding for Lending Scheme, but the potential restart of the buy-to-let RMBS market could see the deal sold publicly further down the line, officials at the firm told SI.