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Base Rate Update
Following the 0.25% decrease to the Bank of England Base Rate on 01/08/2024, if you're an existing customer with a mortgage linked to the Bank of England Base Rate, you will experience a decrease of 0.25% on your variable mortgage rate on 01/09/2024.
The TML Buy to Let Base Rate and the TML Residential Base Rate will also decrease from 5.25% to 5% from 01/09/2024 for existing customers.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.