The Society continually monitors interest rates on its range of mortgage and savings products to ensure they are competitive and sustainable.

Following the 0.25% reduction in the Bank of England base rate announced on 7th November 2024 to 4.75%, members who either have a mortgage or savings product which is directly linked to the Bank of England base rate will see their rate reduce to reflect the reduction on 1st December 2024.

Having reviewed the impact of the Bank of England change, the Society will reduce the interest rate on selected variable based savings accounts by an average of 0.21% from 1st December 2024. Details of these changes are viewable on our Savings Interest Rates page

For more information, please contact us or visit your local branch.