Interest rates

Bank of England Base Rate

On 03/08/2023 the Bank of England announced an increase in the Bank of England Base Rate from 5.00% to 5.25%.

Our tracker rates are linked to the Bank of England Base rate administered by the Bank of England, this rate can go up or down which will impact the cost of your mortgage payments.

Scottish Widows Bank Standard Variable Rate

The Scottish Widows Bank Standard Variable Rate effective from Thursday 3rd August 2023 is 8.74%.  

Savings

View interest rates for all our savings products:

Savings interest rates and charges

Mortgages

View interest rates for the following mortgage products:

Professional and flexible mortgage interest rates

Scottish Widows Bank is a trading name of Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales, no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278.