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17 Mar 2022

Bank of England Rate Increase

Following today's announcement, the Society is reviewing it's position.

Following the announcement by the Bank of England earlier today to increase Bank Rate from 0.50% to 0.75%, the Society will review both our Savings rates and our Mortgage Standard Variable Rate (SVR). The Society will make an announcement on any changes in due course.

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Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home.

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Monmouthshire Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register Number: 206052. FCA register address www.fca.org.uk/register/. We are members of the Financial Services Compensation Scheme. We are members of the Building Societies Association and Council of Mortgage Lenders. Details of our Customer Satisfaction and Complaints procedures are available and complaints that we cannot resolve may be referred to the Financial Ombudsman Service (http://www.financial-ombudsman.org.uk/). By accessing any part of this website, you shall be deemed to have accepted our Website Terms of Use.
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