On Wednesday 11th and Thursday 19th March 2020 the Bank of England made changes to the Base Rate of Interest, decreasing the rate by 0.50% and 0.15% respectively. This means the Base Rate is now 0.10%. As a result, the interest rate that applies to our Standard Variable Rate (SVR), and our Tracker mortgages linked to the Bank of England Base Rate will also decrease by 0.65% in line with the Terms and Conditions of these accounts effective 1st April 2020.
// by CHL Mortgages