Rates
Variable Rate Mortgage
With a standard variable rate mortgage, the interest rate charged will change during the mortgage term in accordance with any changes in the underlying base rate.
The advantage of a variable rate mortgage is that you save money when the market rate decreases. The disadvantage is that you are not protected from an increase in the market rate and the interest rate you pay will increase with the market rate.
Please ring our Commercial Department for information on 01733 374123
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