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Bank of England reduces base rate

7th November 2024

On Thursday 7 November 2024, the Bank of England announced a 0.25% reduction in base rate from 5.00% to 4.75%.

The Society is currently reviewing its mortgage and savings rates and will update members in due course. 

As a proud mutual building society, we are committed to being fair to all our members and to continuing to provide value-for-money products at rates that are competitive and sustainable.