The network now pays its members 0.25 per cent of the advance, and on loans of over £150,001 they will receive 0.27 per cent with a maximum of £850 and a minimum of £160.
Nick Baxter, director of Mortgage Promotions, said: "Coventry Building Society may not be well known to some mortgage writers outside their normal home territory but they are a good quality regional building society which has a strong track record of producing good quality products. We are delighted that we have been able to increase the payment that our members receive when recommending Coventry Building Society and look forward to helping them achieve greater market share."
