The Bank of England announced on 6th February 2025 that it was decreasing its Base Rate to 4.50%. We are currently working through how this rate change will impact our customers and we will release more information as soon as possible.
Mortgage Provider
of the Year
Outstanding Customer
Service Award
Bank of England Base Rate Decrease
The Bank of England announced on 6th February 2025 that it was decreasing its Base Rate from 4.75% to 4.50%. The Bank of England Base Rate is one of many factors which impacts the interest rates we set on both our mortgages and Savings accounts. We are currently working through how this rate change will impact our variable rate mortgages and savings account customers and we will release more information as soon as possible. Customers with fixed rate mortgage and savings accounts will not see any change in their interest rates and will not be affected by the Base Rate change. Customers with tracker mortgages that are directly linked to the Bank of England Base Rates will see the interest rates on their mortgage accounts decrease by 0.25% next month. We'll write to let you know what your new interest rate and monthly payments will be.
So why choose the Beverley Building Society?
Firmly rooted in our community since 1866, we are remaining true to our founding purpose by helping to ensure Beverley and its surrounding East Yorkshire county are thriving places to live and work, and enabling homeownership wherever we can for people living here and elsewhere.
