SVR and base rate movements

If you want to find out how our SVR has changed in response to changes to the Bank of England Base Rate, we have put together a useful summary. If you can’t find what you need, please get in touch and we’ll be happy to help you.

Month	Base Rate Change	Base Rate	Tipton SVR Change	Residential SVR
May 2022	+0.25%	1.00%	+0.30%	5.64%
June 2022	+0.25%	1.25%	No change	5.64%
July 2022	No change	1.25%	No change	5.64%
August 2022	+0.50%	1.75%	+0.25%	5.89%
September 2022	+0.50%	2.25%	+0.30%	6.19%
October 2022	No change	2.25%	+0.30%	6.49%
November 2022	+0.75%	3.00%	+0.50%	6.99%
December 2022	+0.50%	3.50%	No change	6.99%
January 2023	No change	3.50%	+0.30%	7.29%
February 2023	+0.50%	4.00%	No change	7.29%
March 2023	+0.25%	4.25%	+0.35%	7.64%
April 2023	No change	4.25%	No change	7.64%
May 2023	+0.25%	4.50%	No change	7.64%
June 2023	+0.50%	5.00%	No change	7.64%
July 2023	No change	5.00%	+0.35%	7.99%
August 2023	+0.25%	5.25%	+0.35%	8.34%
September 2023	No change	5.25%	+0.25%	8.59%
August 2024	-0.25%	5.00%	-0.15%	8.44%
November 2024	-0.25%	4.75%	-0.15%	8.29%
Total Change	+4.00%		2.95%