Following the Bank of England announcement on 03 February 2022 that Base Rate has increased from 0.25% to 0.50%, we have adjusted the Danske Bank Reference Rate (UK) from 0.25% to 0.50% in line with this.
A summary of key changes below:
- Danske Follow-on rate is now 3.70%
- Danske Bank Standard Variable Rate (UK) is now 4.60%
- All Tracker Home Loan products have increased by 0.25% in line with the change
- No change to our Fixed Rate pricing
Our Cashback Incentives and Remortgage Incentives remain unchanged.
Your Danske Bank team are here to support you. If you have any queries please contact the Mortgage Intermediary Team directly on 0345 600 5775 or your local Business Development Manager.
Ian Russell
Head of Homebuying