Following the decision by the Monetary Policy Committee on 17 March 2022 to increase the Bank of England Base Rate to 0.75%, we’re making some changes. On 1 April 2022, we will increase our Standard Variable Rate to 4.99%, our Offset Variable Rate to 5.20% and our Offset Variable Investment Housing Loan Rate to 5.60%.

What happens with cases at application or offer stage

Products discounted from any of the affected rates will see an automatic increase to the interest rates from 1 April 2022. All new revert-to-rates will be live from 1 April 2022.

What happens with existing customers

Customers who are impacted by this rate change will be contacted to let them know of any changes to their mortgage.

You can find our current rates on our website. If you’ve got any questions, you can get in touch with your Business Development Manager.