LIBOR has increased from 0.55% to 0.65% - 16 May 2018
Following our 3 month review LIBOR has been set at 0.65% (increased from 0.55%).
This means our London Interbank Offered Rate (LIBOR) linked rates (Term Variable rates and reversion rates on Fixed products) on our Commercial Mortgage range and on our Buy-to-Let Mortgages (for companies and multi-unit freehold/HMO properties) have been increased by 0.10%.
We will write to all existing customers impacted to confirm their new interest rate and monthly payment amount.
The next LIBOR review will take place on 15 August 2018.
Please see our Buy-to-Let Mortgages Product Guide and our Commercial Mortgages Product Guide
for more details on our current rates, or log in below to submit business.
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