Bank of England Base Rate increase

Following the Bank of England’s decision to increase the Base Rate by 0.15% to a rate of 0.25% on 16 December 2021, we can confirm the following:

  • Bank of England tracker mortgage rates will increase automatically in accordance with their terms and conditions and all fixed rate mortgages remain unchanged
  • If your mortgage is affected, we’ll write to you and confirm the change to your interest rate and your new monthly payment
  • We’re currently looking at how the Base Rate increase will affect our variable savings rates – we’ll provide more information on any changes as soon as we can