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Base Rate Change 15th December 2022

Written by Luke Littleboy

19 Dec 2022


Bank of England, Interest rates

2 min read

On Thursday 15th December 2022 the Bank of England once again raised its base rate, this time by 0.50 percentage points to 3.50%.

The Society continues to carefully balance the needs of savers and the household pressures on borrowers.

With this in mind, the Society will advise members in early January of any changes to its variable rate savings and mortgage products.

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Mortgage payment difficulties.

If you have a mortgage with us and are concerned about meeting your repayments, please get in touch with us as soon as you can, either by calling 01473 278510 or emailing [email protected]. You can also find details of what support we may be able to offer by visiting this page, Problems Paying Your Mortgage – Suffolk Building Society.

Get in touch.

If you can’t find what you’re looking for, or would prefer to talk to us, we’re here! Simply get in touch with your local branch, email us at [email protected] or call us on 0330 123 0723.

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