Bank of England Base rate - useful information

Following the 0.15% rise in the Bank of England base rate we have reviewed our current mortgage rates. We will be making the following changes with effect from 1st February 2022: 

  • Bank of Scotland Home Loan Rate currently at 4.55% will increase to 4.70%

If your mortgage is affected by either or both of these changes, we’ll write to you and confirm your new monthly payment before it is due.

Use our Rate Change Calculator to get an idea of how much a monthly mortgage payment might change by, following a Bank of England Base Rate change.

Find out more about the Bank of England base rate and your mortgage.

Existing Halifax Mortgage Customers

If you are a Bank of Scotland customer with a Halifax mortgage you can find further details about how the Bank of England rate change affects you on the Halifax website.

Existing Halifax Mortgage Customers