SVR Watch

The Bank of England on the 18th December 2025, voted to reduce the Base Rate by 0.25 percentage points, to 3.75%.

Here’s our rundown of how lenders have been reacting, so you can see where your mortgage lender's Standard Variable Rate (SVR) stands today. 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 remortgage 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.

Use our online mortgage finder to see what rates you could qualify for and how much it might cost.