Base Rate changes
Following the recent Monetary Policy Committee meeting the Bank of England has announced a change to the Bank Rate from 0.50% to 0.25%.
If your mortgage is affected by the rate change, we’ll give notice and write to you to let you know your new monthly payment ahead of it being taken.
Use our Bank of England Base Rate Calculator to get an idea of how much a monthly mortgage payment might change by, following a Bank of England Base Rate change.
If any changes to our product range are made following this announcement, these will be communicated in the usual manner.