Bank of England base rate reduction – 1 Aug 2024

 

On Thursday 1 August, the Bank of England base rate (the Bank Rate) fell from 5.25% to 5.00%.

As a result, the interest rate on all our mortgages that track the Bank Rate has been reduced by 0.25% from 1 September 2024.

The Rosolite Mortgages Standard Variable Rate (SVR) has been reduced by 0.25% to 8.49% from 1 September 2024.

We’ve now written to all customers to let them know their new rate and monthly payment amount and you should have received our letter.

For more information about rate changes, including a set of FAQs, please see our Rate change information page.

See your new rate and monthly payment in Self-Serve


Our online Self-Serve system is available 24 hours a day, 7 days a week from any device.

If your interest rate and monthly payment are due to change, you’ll find details of your new rate, payment amount and the date when this will apply in Self-Serve.

This information will be available in Self-Serve after we have processed the rate change on your account. We’ll do this as soon as possible, although it can sometimes take several days.

Sign in now – if you’ve already registered on Self-Serve, you can sign in to your account at any time.

Register now – to use Self-Serve for the first time, you’ll need to register and create your secure account.

Not all customers can register for Self-Serve. You can see more details on our using Self-Serve page.

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