Important information - changes to our Standard Variable Rate
As you will be aware, Bank Rate increased on Thursday 3 February 2022, from 0.25% to 0.50%. Following a review of our Standard Variable Rate (SVR), the Society will increase its SVR by 0.10% from 3.99% to 4.09% for new customers with effect from Friday 4 February 2022. Please find further information below.
Customers who are currently on a discounted variable rate or SVR
We will be writing to customers who are currently on a discounted variable rate or SVR advising them of their new mortgage rate and payment which is effective from Tuesday 1 March 2022.
What does this mean for pipeline business?
Any business that has been submitted on a discounted variable rate product will be impacted by the increase to SVR.
Latest News
Keep up to date with our latest product changes, lending criteria and business updates.
Support
Business Relationship Manager Finder
Tools and Sales Aids
Lending and Security key features