What does this mean for my clients?
We will be increasing the rates for mortgage customers. The questions and answers below are designed to give you the latest information available.
When will the interest rate change on tracker products?
Our trackers will change on 4th September 2022 and we'll be writing to customers whose rate is increasing.
Will the Standard Variable Rate change?
We have not made a decision regarding our Standard Variable Rate this is currently under review. We will update our website when we do and write to customers whose interest rate is changing.
When will mortgage payments change?
If the account is on annual review, the mortgage payment will not change until March 2023. We will let customers know how they can request a payment recalculation when we write to them.
General FAQs