Coventry to reduce Standard Variable Rate by 0.25%

Following today’s Bank of England MPC announcement, Coventry Building Society announces that its standard variable mortgage rate will decrease by 0.25%.

The rate change is effective from today for new customers and from 1 March 2008 for existing customers.

Customers wishing to apply for any of the Coventry’s mortgages should, visit coventrybuildingsociety.co.uk.