Standard Variable Rate Increase – 1st December 2023

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

The Society’s Standard Variable Rate (SVR) will increase from 7.99% to 8.49% on 1st December 2023.

We understand the impact of the current high cost of living in the UK.  If you are a borrower starting to feel financial pressure and you’re worried that you are finding it difficult to maintain your mortgage payment, we have a dedicated team on hand to offer you support.

For more information, please contact our Mortgage Services team on 01782 255000 or email

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David Lownds

About the Author David Lownds
David is Head of Marketing & Business Development at The Hanley and has over 25 years of Financial Services experience. He is a keen supporter of the mutual sector and has an in-depth knowledge of the UK personal finance market.

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