The Bank of England announced on 8th May 2025 that it was decreasing its Base Rate from 4.50% to 4.25%. The Bank of England Base Rate is one of many factors which impact the interest rates we set on both our mortgage and savings accounts. We are currently working through how this rate change will impact our variable rate mortgage and savings account customers and we will release more information as soon as possible. We’ll write to let you know what your new interest rate and monthly payments will be.
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.