Existing Customers Mortgages | Payment Recalculation
Bank of England (BOE) Base Rate Change: The BOE base rate decreased from 4.50% to 4.25% on 8 May 2025. Find out how this could affect your mortgage.
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Request a change to your mortgage payment
For customers on our Standard variable rate (SVR) or a Bank of England (BoE) Base Rate Tracker.
When our SVR or the BoE rate changes, you can ask for your mortgage payment to change too. This is a payment recalculation. A payment recalculation helps you stay on track for your planned mortgage end date.
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