Bank of England Base Rate changes

All of our mortgages are connected to the Bank of England Base Rate, whenever that rate changes, it might affect the amount of your monthly mortgage payment.

 

All of our mortgages are connected to the Bank of England Base Rate, whenever that rate changes, it might affect the amount of your monthly mortgage payment. To find out what the current Bank base rate is, you can go onto The Bank of England website and find the rate and the date that it was set at in the blue box in the right-hand side of the page https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate. The Monetary Policy Committee can choose to change the Bank Base Rate at any time.

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We will always write to our customers to advise them about the changes and how it may affect their mortgage payments.

Your home may be repossessed if you do not keep up repayments on your mortgage