Base Rate changes

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Following the recent Monetary Policy Committee meeting the Bank of England has announced a change to the Bank Rate from 0.25% to 0.50%.

Customers with mortgages affected by the rate change, will be given notice of their 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 the Bank of England Base Rate change.

If any changes to our products are made following this announcement, these will be communicated in the usual manner.

Our tracker rate mortgages are linked to Bank of England bank rate (also known as Bank of England repo rate). Details of this rate can be found on the Bank of England website at www.bankofengland.co.uk.

For independent information on mortgages, visit the website 'Money Advice Service'.

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