Following the Bank of England’s announcement that they’ve increased the Bank Base Rate by 0.25%, we’re making the following changes:
Tracker Rate Products
We’re withdrawing all our residential & BTL tracker rate deals from 8pm tonight. In the short term these products will not be replaced.
All other products in our residential and BTL ranges will remain unchanged.
Our SVR is dropping from 10 December
Whilst other lenders may choose to increase their SVR in light of today’s BoE announcement, we’re cutting our SVR from 5.34% to 4.99%.
This fall of 0.35% will bring our SVR into line with the other brands in the YBS Group – Yorkshire Building Society, Chelsea Building Society and Norwich and Peterborough.