Changes to our Standard and BTL Variable Rates
Following the decision by the Monetary Policy Committee on 16 December 2021 to increase the Bank of England Base Rate to 0.25%, we’re making some changes. On 6 January 2022, we will increase our Standard Variable Rate to 4.49% and our Buy to Let Variable Rate to 4.69%.
What happens with existing customers
Customers affected by the changes to our Standard Variable Rate or Buy to Let Variable Rate will be contacted to let them know their rate and monthly repayment will change on 1 February 2022.