Mortgage borrowers on Stroud & Swindon Building Society’s standard variable rate (SVR) can expect to see their monthly repayments reduced once the mutual is absorbed by the larger Coventry Building Society.In an announcement confirming the merger, Coventry says its financial strength will deliver an “immediate benefit” for many Stroud & Swindon members.The statement reads: “Those [...]
Stroud & Swindon merger benefits SVR borrowers
