The GE Mortgage Base Rate

The current GE Mortgage Base Rate is 4.00%

(Effective from Friday 20th January 2012)

 

Customers sold a loan from the 6th of August 2010 will now track the GE Mortgage Base Rate, which is calculated based on the operating costs of the business. The GE Mortgage Base Rate will change from time to time based on rules outlined in the General Conditions. Please ask your intermediary for details. Any changes to the rate will be reflected on this page from the effective date. 

 

Mortgages taken out prior to 6 August 2010

Previously our reversionary rates moved in line with the Barclays Bank Base Rate (BBBR), which in turn tracks the Bank of England Base Rate (BOE).  Those customers sold a loan prior to 6 August 2010 will continue to have their rate linked to BBBR.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Arrangement fees may be charged, plus a completion fee ranging from £1,295 to £2,995. Please ask the intermediary for details.  

Any changes to an existing account may be subject to early repayment charges that are part of the terms and conditions of your mortgage.