The Bank of Englandhas increasedbase rate from 0.1% to 0.25%. Here’s our rundown of how lenders are reacting to the rise, so you can see whether yours has increased its Standard Variable Rate. We’re keeping a close eye on developments and will update this page as we hear of any changes. Remember that if you are currently paying your lender’s SVR, the chances are you could substantially reduce your monthly mortgage costs by switching to a cheaper deal. Our cost of doing nothing calculator shows you the potential cost of staying on the SVR. Review your rate and check our best buys to see if you can find a better mortgage. Our expert advisers are on hand if you want to talk through the mortgage options available to you.
Lender
Current SVR December Change New SVR Accord
4.49
Aldermore
4.58
0.15
4.73
Bank of Ireland
4.09
0.15
4.24
Barclays
4.74
Bath BS
4.90
Beverley
4.99
BM Solutions
4.44
0.15
4.59
Buckinghamshire
4.74
0.15
4.89
Cambridge
4.89
0.15
5.04
Chelsea
4.49
Chorley BS
5.24
Clydesdale / Yorkshire Bank
4.34
0.15
4.49
Co-op
4.34
0.15
4.49
Coventry
4.49
0.15
4.64
Cumberland
4.09
0.15
4.24
Cynergy Bank
4.50
Darlington
5.30
Digital Mortgages (Atom Bank)
3.50
0.15
3.65
Dudley
4.99
Earl Shilton
4.89
Ecology BS
4.15
Family BS (National Counties)
4.39
First Direct
3.54
Furness
5.14
0.15
5.29
Halifax / Lloyds
3.59
0.15
3.74
Handelsbanken
4.00
Hanley Economic
4.79
Harpenden
4.19
Hinckley & Rugby
5.89
0.15
6.04
Hodge Lifetime
4.20
0.15
4.35
HSBC
3.54
Ipswich
5.24
Kent Reliance
5.68
0.15
5.83
Leeds
5.29
Leek United
5.19
Loughborough BS
5.34
Manchester
5.74
Mansfield
5.35
Market Harborough
5.49
Marsden
5.70
Melton Mowbray
4.99
Metro Bank
3.60
0.15
3.75
Monmouthshire
4.74
Nationwide
3.59
0.15
3.74
NatWest / RBS
3.59
0.15
3.74
Newbury
3.95
Newcastle
3.96
Nottingham
5.74
Paragon
4.95
Penrith
4.75
Platform
4.34
0.15
4.49
Post Office
4.09
0.15
4.24
Principality
4.40
Saffron BS
5.39
Santander
4.34
0.15
4.49
Scottish BS
4.94
Scottish Widows
3.59
Skipton
4.64
0.15
4.79
Stafford Railway
2.95
Suffolk BS
5.24
0.15
5.39
Teachers BS
4.89
Tipton & Coseley
4.94
TSB
3.59
Vernon BS
5.20
Virgin Money
4.34
0.15
4.49
West Bromwich
3.99
Yorkshire B S
4.55
