Update following Bank of England Base Rate change

Update following Bank of England Base Rate change

Published: 16 June 2022

Following the Bank of England’s decision to increase the Bank Rate by 0.25 percentage points, to 1.25%, on the 16th June 2022, the Society is reviewing its mortgage and savings rates and will update members in due course. Mortgages which are directly linked to and track the Bank Base Rate will increase by 0.25% on 1st August 2022.

If you have any further questions please do not hesitate to contact us or speak to your local branch.

To find out more visit www.bankofengland.co.uk.