• Homes for Ukraine - important information can be found here.

  • Rate changes following Bank of England decision to raise its Bank Rate to 1.25% on 16 June.

    the majority of our variable savings rates have been increased from 24 June. Rate increases for Windfall Bond and Tracker Savings Bond apply from 1 July. (Updated 1 July.)

    Mortgages: our variable mortgage rates will increase and we are in the process of writing to affected customers with details of their revised payments, interest rate and effective date. Product rates now shown on the website reflect this increase. (Updated 1 July.)

Stamp duty research

Our research has revealed that Stamp Duty Land Tax is suffocating the housing market. A real change is needed.

In October 2017 we carried out research, in conjunction with the London School of Economics (LSE), looking at the effects of Stamp Duty Land Tax (SDLT) on the housing market and the wider economy, and its impact on household behaviour.

Following that, in July 2018 we undertook some further research with LSE looking at the impact of SDLT. 

We believe the Government needs to urgently review and revise its approach to SDLT and re-think its housing policy. A real change is needed. 

Our research reports

You can download the reports here:

Bank of Mum and Dad research

We looked at how families approach parental help when buying a property, creating a range of guides to help both parents and adult children through every step of the journey.