Bank of England Base Rate Update

On 6th of February 2025 the Bank of England’s Monetary Policy Committee (MPC) met and decided to decrease the Bank Base Rate by 0.25% to 4.50%.

Mortgages

Base Rate Tracker Mortgages to reduce by 0.25% with effect from 1st March 2025.

For all other mortgage products, we are currently reviewing market changes following the recent announcement by the Bank of England and will communicate any changes once a decision has been made.

If you have any concerns about financial difficulty, please contact the Mortgage Services Team on 01664 414141 so we can help support you.

Savings

We are currently reviewing market changes following the recent announcement by the Bank of England and will communicate any changes once a decision has been made.

Please bear with us – our telephone lines may be busier than usual as we help our customers.

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Tell us about yourself and the property you want to buy.

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The actual amount will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed