Bank of England base rate decrease

The Bank of England cut the base rate of interest by 0.25% to a rate of 3.75% on 18 December 2025.

What this means for your clients

• Bank of England tracker mortgage rates will decrease automatically in line with their terms and conditions.
• All fixed rate mortgages remain unchanged.
• Our Standard Variable Rate and Buy to Let Variable Rate will remain at 7.74% and 8.04% respectively. Any product rate currently offering a discount to SVR will remain unchanged.

If your client’s mortgage is affected, we’ll write to them and confirm the change to their interest rate and their new monthly payment amount.