Standard variable rate

There is usually no Early Repayment Charge (ERC), meaning you can pay as much of the mortgage back as you like at any time.

If our SVR goes down, then your rate will drop too, so you’ll pay less.

If the SVR rates go up, then you'll pay more each month and, if you then search for a new deal to tie in a rate, introductory rates may have risen too

Normally, staying at the SVR isn't the cheapest way to pay back your mortgage. You may wish to look at other mortgages if you still have a significant amount to pay off.

You may not be able to move off our SVR if you have less than £10,000 remaining on your mortgage. Please contact us.