Bank of England Base Rate
On 2 August 2018, the Monetary Policy Committee (MPC) voted to increase the Bank of England (BoE) Base Rate from 0.50% to 0.75%
What does this mean for my client?
As a result of the base rate change, we are currently considering our position on how this change will affect our mortgage customers, balancing the needs of our customers and the Society.
We'll give an update here as soon as we've made a decision.
Q: What if my client has a tracker rate mortgage?
Q: How will my client find out if their tracker rate is changing?
Q: When will you be changing your Standard Variable Rate?
Q: What is the Bank of England Base Rate?
Q. What is a Bank of England Rate change?
Q: When was the last Bank of England rate change?