WE’RE MAKING CHANGES TO OUR RATES
Following the decision by the Monetary Policy Committee on 3 February 2022 to increase the Bank of England Base Rate to 0.50%, we’re making some changes. On 2 March 2022, we will increase our Standard Variable Rate to 4.74% and our Buy to Let Variable Rate to 4.94%.
What happens with existing customers
Customers affected by the changes to our Standard Variable Rate or Buy to Let Variable Rate will be contacted to let them know their rate and monthly repayment will change on 1 April 2022.
If you’ve got any questions, you can get in touch with your Business Development Manager or dedicated Regional Service Team
Following the decision by the Monetary Policy Committee on 3 February 2022 to increase the Bank of England Base Rate to 0.50%, we’re making some changes. On 4 March 2022, we will increase our Standard Variable Rate to 4.74%, our Offset Variable Rate to 4.95% and our Offset Variable Investment Housing Loan Rate to 5.35%.
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 4 March 2022. All new revert-to-rates will be live from 4 March 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.
