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What happens when the Bank of England base rate changes?

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What happens when the Bank of England base rate changes?

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Find out how a base rate change could affect your mortgage. Go to Bank of England base rate change What happens when my current mortgage deal ends? If you took out your mortgage before 1 June 2010, in most cases your interest rate will switch to the Standard Variable Mortgage Rate, which at that time, could be higher or lower than the rate you will have been paying and may vary over the remaining term of your mortgage. See our current Standard Variable Mortgage Rate Variable mortgage rates If you took out your mortgage on or after 1 June 2010, when your deal ends your interest rate will move onto the Homeowner or Buy-to-Let Variable Rate which could be higher or lower than the rate you have been paying and may vary over the remaining term of your mortgage. See our Variable Mortgage Rates Privacy statement The privacy statement tells you about the personal information we hold about our customers, when it may be disclosed and how we and others may use this information. See our privacy st

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