Bank Rate changes
Following the Monetary Policy Committee meeting on 03 August 2023, the Bank of England has announced a change to the Bank Rate from 5% to 5.25%.
If a customer’s mortgage is affected by the rate change, we'll give notice and write to them to confirm their monthly payment before it is due.
Use our Rate Change Calculator to get an idea of how much a monthly mortgage payment might change, if it is affected.
If any changes to our products are made following this announcement, these will be communicated in the usual manner.