Bank of England base rate change 6 February 2025

Following the Bank of England base rate decrease of 0.25% to 4.5% on 6 February 2025, we are considering how this may affect the Society’s savings and mortgage interest rates.  

Several factors are considered when deciding on whether to move interest rates and by how much, including market conditions, and balancing the needs of both savers and borrowers.  

We will update this page when a decision has been made.   

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