Skip to main content


4th August 2022

Following the recent Monetary Policy Committee meeting the Bank of England has announced a change to the Base Rate from 1.25% to 1.75%.

We'll write to customers with mortgages affected by the rate change to let them know their new monthly payment before it is due.

Use our Bank of England Base Rate Calculator to get an idea of how much a monthly mortgage payment might change by, following the Bank of England Base Rate change.

If any changes to our products are made following this announcement, these will be communicated in the usual manner.

For the use of mortgage intermediaries & other professionals only

If you do not have professional experience, you should not rely on the information contained on this site. If you are a professional and you reproduce any part of the information contained on this site, to be used with or to advise private clients, you must ensure it conforms to the Financial Conduct Authority's advising and selling rules.

These pages are for the use of those people who are resident and ordinarily resident in the UK and should not be regarded as an offer or invitation to sell Mortgage products in any jurisdiction other than the UK.

Birmingham Midshires is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered office; The Mound, Edinburgh, EH1 1YZ

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 169628. Telephone number 0345 850 5000. Telephone calls may be monitored or recorded.

House Purchase
First Time Buyer
Existing Mortgage Customers only
Available for further borrowing
Further Borrowing only
Only available with BM Conveyancing
Calculate Borrowing
Click the ? icon to show help with using this Calculator