Family Building Society to pass on base rate rise

Ryan Bembridge

August 23, 2018

Family Building Society’s standard variable rates will increase by 0.25% on 25 September 2018 in line with the Bank base rate rise.

The lender’s owner occupier mortgage rate will rise to 5.04%, its owner occupier flexi mortgage rate will rise to 5.14%, while its residential investment monthly mortgage rate will increase to 5.79%.

The society’s tracker rates will increase by 0.25%.

The same changes will take place with products from National Counties Building Society, which now uses Family as its trading name for new business.

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