Bank of England base rate reduction – 1 Aug 2024

On Thursday 1 August, the Bank of England base rate (the Bank Rate) fell from 5.25% to 5.00%.

As a result, the interest rate on all our mortgages that track the Bank Rate has reduced by 0.25% from 1 September 2024.

Our Standard Variable Rate (SVR) has also been reduced by 0.25% to 8.49% from 1 September 2024.

We’ve now written to all customers to let them know their new rate and monthly payment amount and you should have received our letter.

For more information about rate changes, including a set of FAQs, please see our Rate change information page.

See your new rate and monthly payment in Self-Serve

Our online Self-Serve system is available 24 hours a day, 7 days a week from any device.

If your interest rate and monthly payment are about to change, you can find details of your new rate and payment amount in Self-Serve.

Sign in now – if you’ve already registered on Self-Serve, you can sign in to your account at any time.

Register now – to use Self-Serve for the first time, you’ll need to register and create your secure account.

Not all customers can register for Self-Serve. You can see more details on our using Self-Serve page.

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