As you may be aware, the Bank of England announced a reduction in the Bank Rate this morning (11 March 2020) from 0.75% to 0.25%.
We are currently reviewing rates across our savings and mortgage products and will keep you advised of any changes.
Any reductions in savings rates will be communicated to members in writing at least 14 days before they become effective. We will also give 10 days’ notice of any changes to mortgage repayments.
If you have any queries, please contact you local branch, or call direct on 0345 600 0585.
Calls may be recorded and/or monitored.