The Bank of England has increased base rate by 0.50 percentage points to 2.25%. 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’re 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 today’s top deals. If you’re wondering if you should stick with your current lender or move to a new one when you remortgage, our Mortgage Finder can help you work it out. Simply enter some details and you’ll be able to compare your potential savings if you move onto your current lender’s best deal against your best deal with a new lender. And remember, our expert advisers are on hand if you want to talk through the mortgage options available to you.< />
Lender
Current SVR September Change New SVR Accord
5.39
0.50
5.89
Aldermore
6.23
0.50
6.73
Bank of Ireland
5.24
0.35
5.59
Barclays
5.74
Bath BS
5.99
0.30
6.29
Beverley
5.24
0.50
5.74
BM Solutions
6.09
0.50
6.59
Buckinghamshire
6.39
0.50
6.89
Cambridge
6.04
Chelsea
5.39
0.50
5.89
Chorley BS
6.49
0.50
6.99
Clydesdale / Yorkshire Bank
5.99
Co-op
5.49
Coventry
4.89
0.50
5.39
Cumberland
5.74
Darlington
5.74
0.24
5.98
Digital Mortgages (Atom Bank)
5.15
0.50
5.65
Dudley
5.99
0.50
6.49
Earl Shilton
5.99
Ecology BS
4.99
0.50
5.49
Family BS (National Counties)
5.54
0.50
6.04
First Direct
5.04
0.50
5.54
Furness
6.09
0.20
6.29
Halifax / Lloyds
5.24
0.50
5.74
Handlesbanken
5.25
0.50
5.75
Hanley Economic
5.69
0.75
6.44
Harpenden
5.54
0.50
6.04
Hinckley & Rugby
6.44
0.50
6.94
Hodge Lifetime
5.35
0.50
5.85
HSBC
5.04
0.50
5.54
Leeds
5.99
Leek United
6.14
0.25
6.39
Loughborough BS
5.89
Mansfield
6.59
Market Harborough
5.94
0.45
6.39
Marsden
6.69
Melton Mowbray
5.99
0.50
6.49
Metro Bank
5.25
0.50
5.75
Monmouthshire
5.49
1.00
6.49
Nationwide
5.24
0.50
5.74
NatWest / RBS
4.99
0.50
5.49
Newbury
4.45
0.40
4.85
Newcastle
3.96
0.95
4.91
Nottingham
6.49
Paragon
6.60
0.50
7.10
Penrith
5.25
Platform
5.49
Post Office
5.24
0.35
5.59
Principality
4.65
0.50
5.15
Saffron BS
6.19
0.30
6.49
Santander
5.99
0.25
6.24
Scottish BS
5.75
0.34
6.09
Scottish Widows
5.24
0.50
5.74
Skipton
4.89
Stafford Railway
3.75
0.40
4.15
Suffolk BS
5.84
0.50
6.34
Teachers BS
5.69
1.00
6.69
The Mortgage Works
5.74
0.50
6.24
Tipton & Coseley
6.19
0.40
6.59
TSB
5.24
0.50
5.74
Vernon BS
5.85
0.25
6.10
Virgin Money
5.99
West Bromwich
5.24
Yorkshire B S
5.39
0.50
5.89
