On 2 August 2018, the Bank of England announced the base rate had increased. As a result of this increase we have made the following changes:
The Society is currently reviewing the rates for its savings accounts; however, the vast majority of account holders will see their rates of interest increase by up to 0.20% with effect from 1 October 2018. Our Junior savers will see their rate of interest rise by 0.25%.
You can find full details of our savings product rates here.
From 1 October 2018 our mortgage interest rate will increase by 0.25% on all of our products. You can find full details of our mortgage rates here.
From 1 October 2018 our Standard Variable Rate will be 3.45%.
We will contact all affected mortgage members personally no later than this date.