SVR Watch - November 2017

SVR Watch - November 2017
The Bank of England base rate has risen from a record low of 0.25% to 0.50%.

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. 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 options available to you.


Lender

Current SVRNew SVRChange
AA Mortgages

4.24

4.49

0.25

Accord

5.34

4.99

-0.35

Aldermore

4.73

4.98

0.25

Bank of Cyprus

4.25

4.50

0.25

Bank of Ireland

4.24

Barclays

4.74

4.99

0.25

Bath BS

5.04

Beverley

4.75

BM Solutions

4.59

4.84

0.25

Buckinghamshire

4.99

Cambridge

4.74

Chelsea

4.74

4.99

0.25

Chorley BS

5.24

Clydesdale / Yorkshire Bank

4.70

Co-op

4.49

4.74

0.25

Coventry

4.49

4.74

0.25

Cumberland

4.24

4.49

0.25

Darlington

5.70

5.70

Confirmed no increase
Dudley

4.99

Earl Shilton

4.99

Ecology BS

4.65

Family BS (National Counties)

4.54

4.79

0.25

First Direct

3.69

Furness

5.29

5.54

0.25

Halifax / Lloyds

3.74

3.99

0.25

Handelsbanken

4.25

Hanley Economic

4.94

5.19

0.25

Harpenden

4.19

Hinckley & Rugby

5.64

Hodge Lifetime

3.95

Holmesdale

4.74

HSBC

3.69

3.94

0.25

Ipswich

5.24

Kent Reliance

5.83

6.08

0.25

Leeds

5.44

5.69

0.25

Leek United

5.19

5.44

0.25

Loughborough BS

4.84

Manchester

5.49

Mansfield

5.34

Market Harborough

5.49

Marsden

5.70

5.95

0.25

Melton Mowbray

4.99

Metro Bank

3.75

4.00

0.25

Monmouthshire

4.74

Nationwide

3.74

3.99

0.25

Nationwide (pre Apr '09)

2.25

2.50

0.25

NatWest / RBS

3.75

3.99

0.24

Newbury

4.20

Newcastle

5.99

5.99

Confirmed no increase
Nottingham

5.49

Paragon

5.10

Penrith

4.15

Platform

4.49

4.74

0.25

Principality

4.74

Saffron BS

5.39

5.39

Confirmed no increase
Sainsbury's Bank

3.99

Santander

4.49

4.74

0.25

Scottish BS

5.04

Scottish Widows

3.74

3.99

0.25

Skipton

4.74

4.74

Confirmed no increase
Skipton (pre 2010)

4.70

4.70

Confirmed no increase
Stafford Railway

2.95

Teachers BS

4.74

Tesco Bank

3.89

Tipton & Coseley

4.74

TSB

3.74

3.99

0.25

Vernon BS

4.70

Virgin Money

4.54

4.79

0.25

West Bromwich

3.99

Yorkshire B S

4.74

4.99

0.25


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