Update
Our SVR is changing
On 1 July 2022 the Society’s Standard Variable Rate (SVR) for mortgages will increase from 5.49% to 5.94%. We have held our SVR at 5.49% for as long as possible. During the past six months the Bank of England base rate has risen by 1.15%. In response to this and in order to continue balancing the needs of both mortgage and savings customers, we have taken the difficult decision to increase our SVR. This also applies to the Society’s Holiday Let SVR (HLSVR) and Commercial Variable Base Rate (CVBR).
Below we've outlined how you may be affected by the change and if you should take any action.