Changes to our Standard and BTL Variable rates

07 November 2017

Following the recent increase to the Bank of England Base Rate to 0.50%, we have increased our Standard Variable Rate and Buy to Let Variable Rate. 

Our residential Standard Variable Rate increased to 4.79% and our Buy to Let Variable Rate increased to 4.99% from 7 November 2017.

Existing customers 

We will soon contact existing customers who are on Standard Variable Rate, Buy to Let Variable Rate, or have an element of their mortgage linked to Standard Variable Rate such as a Personal Secured Loan, so that they are aware that their rate and monthly repayment will change on 1 December 2017.

Eligible residential customers who have had their loan with us for a longer period will continue to benefit from our loyalty rate, which following the change will be 4.54%.

Additional information

All other products and features remain unchanged. The changes we’re making solely affect our Standard Variable Rate and our Buy to Let Variable Rate. 

For full details of our range, please view our latest Mortgage Update.