Bank of England base rate increase
Following the Bank of England’s decision on 2nd November 2017 to increase the base rate from 0.25% to 0.50%, we are currently reviewing any impact this will have on our mortgage and savings customers.
We intend to increase the interest rates for our base rate tracker mortgage customers from the start of next month and our savings base rate tracker product in due course. Any impacted customers will be notified of any changes in line with the relevant terms and conditions.
We are reviewing our Standard Variable Rate (SVR) mortgage interest rates alongside our other variable mortgage and savings products. If we do decide to make any changes these will be communicated to the affected customers.
There will be no changes to customers who have fixed rate mortgages or savings products with The Nottingham.
For any specific product queries please contact your local branch, our Savings Customer Services team on 0344 481 1225 or our Mortgage Customer Services Team on 0344 481 0013.