Bank of England base rate change

Posted by

On 16th December 2021 the Bank of England increased their bank rate from 0.10% to 0.25%. We’re currently considering the impact of this change to the bank.
 
If you’re currently on a fixed rate mortgage product
Your interest will not change until the end of the fixed rate period.
 
If you’re on a variable mortgage or the fixed rate period on your mortgage has ended
We’re currently working through what this means for our customers. The interest rate on your account may be affected. If it is we’ll make sure we write to you giving you at least 30 days’ notice of any interest rate change.