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Coventry Building society

overlander
Posts: 276 Forumite
I informed that the Coventry was posting out letters this week informing people of their new mortgage payments. Has anyone received the alleged letter, strange that when the rates went up i got a letter 3 days latter.
Thanks for any help
Thanks for any help
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Comments
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Not got mine yet. I'm on a BoE base rate tracker, so I know I will get one eventually.
Not got my NatWest one either, so Coventry aren't the only slow ones.
Hope that helps.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
revmoed - soz, mis read post0
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Any letters yet? Still no letter at my end!0
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Not from the Coventry yet.
Got my NatWest one today though.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Just established from CBS that my mortgage product rate will reduce by 0.5%!
So despite a BBR reduction in the last 2 months of 2% CBS has decided that for my mortgage product, which is a SVR, 0.5% is all the reduction they are prepared to pass on.
Not good enough in my opinion.0 -
Got my letter today.
Rate dropped 1.5% to 3.75%.:T
(As expected, as its a BoE base rate tracker + 0.75%)I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Got ours on saturday. As usual pleased with coventry as they seem to be fiarly efficient and know what customer service means.When cycling, I pay the same road tax as any other zero carbon emission vehicle.0
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Just established from CBS that my mortgage product rate will reduce by 0.5%!
So despite a BBR reduction in the last 2 months of 2% CBS has decided that for my mortgage product, which is a SVR, 0.5% is all the reduction they are prepared to pass on.
Not good enough in my opinion.
Coventry have passed on the full 1.5% cut on their SVR which is now at 5.34%. If you are on SVR then this should be the rate that you pay - if your rate is different then check your product as it may not be an SVR product but their own variable product which isn't necessarily affected by SVR.0
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