Bank of England Bank Rate - useful information

Following the Monetary Policy Committee meeting on 21 September 2023, the Bank of England has announced no change to the Bank Rate. It stays at 5.25%.

We’re not making any changes to our lender variable rates, at the moment:

  • Lloyds Bank Homeowner Variable Rate stays at 8.74%.
  • Lloyds Standard Variable Rate stays at 7.25%.
  • Lloyds Buy to let Variable Rate stays at 9.59%.

Our tracker mortgages, which link directly to the Bank of England Bank Rate, will also not change.

Use our rate change calculator to get an idea of how much your monthly mortgage payment might change, if your rate changes in the future.


Rate change calculator

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.