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Changes to our Standard and BTL Variable Rates

07 July 2022

Following the decision by the Monetary Policy Committee on 16 June 2022 to increase the Bank of England Base Rate to 1.25%, we've made some changes. On 7 July 2022, we increased our Standard Variable Rate to 5.49% and our Buy to Let Variable Rate to 5.69%.


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 August 2022.

If you've got any questions, just get in touch with your Business Development Manager or dedicated Regional Service Team.

 

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