This page gathers news and insights on standard variable rates, including lender movements and the impact of SVR changes on borrowers. Read more below for ongoing coverage of SVR trends.
Bank of England may need deep mortgage rate cuts to reach fixed-rate borrowers, strategist warns
Check back weekly or favourite this page to keep an eye on the ever-changing rates.
Buy to Let borrowers can take advantage of a short-term fixed rate with Nationwide from 2.99% with a product fee of 2% of the total loan amount. Barclays are offering 4.78% with no product fee for Existing Customers looking for a short-term fixed rate. TSB are also offering an Existing Customer Product Transfer Residential fixed rate at 5.70% with no product fee.
Brokers share their verdicts as the Bank of England raises the base rate for the first time in over three years
Central bank moves rates higher in effort to get ahead of rising inflation
Average two-year fixed rate climbs to 5.97% as swap rate volatility and an imminent Bank of England increase squeeze household budgets
Paperwork hold-ups that push borrowers onto their lender's standard variable rate are adding hundreds of pounds to their mortgage costs
Lenders allow deals to be booked up to six months ahead, Moneyfacts notes
Senior insurers warn climate-driven coverage withdrawal could lead to a crisis with echoes of 2008
As gilt yields hit levels not seen since 1998, Nicholas Mendes warns borrowers to act before rates move again
