Melton Variable Rates

On 7th of November 2024 the Bank of England’s Monetary Policy Committee (MPC) met and decided to decrease the Bank Base Rate by 0.25% to 4.75%.

As a result, we will be making the following changes:

Mortgages

Base Rate Tracker Mortgages to reduce by 0.25% with effect from Sunday 1st December 2024.

Standard Variable Rate (SVR) to reduce by 0.25% to 8.44% with effect from Saturday 1st February 2025.

Historic MBSL (Credit Repair) SVR to reduce by 0.25% to 8.94% with effect from Saturday 1st February 2025.

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.

Online Login
 

Financial Services Compensation Scheme

The Financial Services Compensation Scheme (FSCS) protection limit

The FSCS is the UK’s compensation fund for customers of authorised financial firms. It pays compensation to savers if their bank or building society can’t meet its financial obligations.

The protection limit for your savings is £85,000. For full information about the coverage and exclusions, please click the link below:

Effective 31 December 2020 – FSCS Information Sheet

For further information, please visit the FSCS website www.FSCS.org.uk

 

 

 

 

Get In Touch

Call one of our friendly advisors on 01664 414141. Opening hours are 9:00am – 5:30pm Monday to Friday.

Request a Call Back

Leave your details and we will call you back.