Coventry cuts mortgage rates as follows…
2 year fixed rates
2.35% (reduced from 2.49%) until 31.03.15, 65% LTV £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.15
2.65% (reduced from 2.89%) until 31.03.15, 65% LTV £199 booking fee, no arrangement fee and ERCs of 3% of balance until 31.03.15
3.55% (reduced from 3.85%) until 31.03.15, 85% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.15
3.75% (reduced from 4.25%) until 31.03.15, 85% LTV, £199 booking fee, no arrangement fee and ERCs of 3% of balance until 31.03.15
5 year fixed rates
2.95% until 31.03.18, 65% LTV £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.18
3.15% until 31.03.18, 65% LTV £199 booking fee with no arrangement fee and ERCs of 3% of balance until 31.03.18
Do you find this encouraging the market recovery?