Bank of England base rate
Bank Rate is the single most important interest rate in the UK. Santanders FoR is a variable rate that all mortgage deals taken on or after 23 January 2018 will automatically transfer to.
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What is Bank Rate.
. In the news its sometimes called the Bank of England base rate or even just the interest rate. Follow-on Rate FoR Santanders Follow on Rate FoR will be 400 from the beginning of April Bank of England base rate plus 325.
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