Banks Base Rate | NatWest International

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Bank’s Base Rate

Details of the Bank’s Base Rate available with NatWest International

Change to the Bank’s Base Rate

We have changed our Base Rate to 0.10% on 19 March 2020, following a change in the Bank of England Base Rate.

What rate do you require?

Bank’s Base Rate

The Bank’s Base Rate is currently 0.10%.

 

Changes to the Bank’s Base Rate

Effective date Base Rate
19/03/2020 0.10%
11/03/2020 0.25%
02/08/2018 0.75%
02/11/2017 0.50%
04/08/2016 0.25%
05/03/2009 0.50%
05/02/2009 1.00%
08/01/2009 1.50%
04/12/2008 2.00%
06/11/2008 3.00%
08/10/2008 4.50%
10/04/2008 5.00%
07/02/2008 5.25%
06/12/2007 5.50%
05/07/2007 5.75%
10/05/2007 5.50%
11/01/2007 5.25%
09/11/2006 5.00%
03/08/2006 4.75%

On 19 March 2020, the Bank of England Base Rate reduced from 0.25% to 0.10%. It's important to understand how this change could affect you.

On certain products, our interest rates are linked to the Bank’s Base Rate, which is influenced by changes in the Bank of England Base Rate.

The Bank of England's Monetary Policy Committee meets every month to determine what needs to be done to its official bank rate to manage the economy.

The table outlines changes to the Bank’s Base Rate.

Bank's Standard Variable Rate changes (Residential mortgages)

The Bank's Standard Variable Rate for Residential mortgages is currently 3.85%.

 

Historic rates

Effective date Standard Variable Rate
01/04/2020 3.85%
03/09/2018 4.50%
01/12/2017 4.25%
02/03/2009 4.00%
02/02/2009 4.19%
31/12/2008 4.44%
31/12/2008 5.19%
03/11/2008 6.69%
01/03/2008 7.19%
29/02/2008 7.44%
02/01/2008 7.69%
01/08/2007 7.94%
01/06/2007 7.69%
01/02/2007 7.44%
01/12/2006 7.14%
01/09/2006 6.89%
01/09/2005 6.59%
01/09/2004 6.79%
01/06/2004 6.29%
01/03/2004 6.04%
01/12/2003 5.84%
01/08/2003 5.59%
10/03/2003 5.82%
03/12/2001 5.95%
01/11/2001 6.25%
01/10/2001 6.49%
03/09/2001 6.74%
01/08/2001 6.99%
01/06/2001 6.89%
01/05/2001 7.14%
12/03/2001 7.39%
01/03/2000 7.64%
01/02/2000 7.39%
01/12/1999 7.14%
04/05/1999 6.89%
01/03/1999 7.05%
04/01/1999 7.80%

Standard Variable Rate is a type of mortgage interest rate set by us. The rate can go up or down at any time.

The table outlines changes to the Bank’s Standard Variable Rate.

Bank’s Standard Variable Rate changes (Buy To Let mortgages)

The Bank's Standard Variable Rate for Buy to Let mortgages is currently 4.35%.

 

Historic rates

Effective date Standard Variable Rate
01/04/2020 4.35%
23/11/2018 5.00%
03/09/2018 4.50%
01/12/2017 4.25%
02/03/2009 4.00%
02/02/2009 4.19%
31/12/2008 4.44%
31/12/2008 5.19%
03/11/2008 6.69%
01/03/2008 7.19%
29/02/2008 7.44%
02/01/2008 7.69%
01/08/2007 7.94%
01/06/2007 7.69%
01/02/2007 7.44%
01/12/2006 7.14%
01/09/2006 6.89%
01/09/2005 6.59%
01/09/2004 6.79%
01/06/2004 6.29%
01/03/2004 6.04%
01/12/2003 5.84%
01/08/2003 5.59%
10/03/2003 5.82%
03/12/2001 5.95%
01/11/2001 6.25%
01/10/2001 6.49%
03/09/2001 6.74%
01/08/2001 6.99%
01/06/2001 6.89%
01/05/2001 7.14%
12/03/2001 7.39%
01/03/2000 7.64%
01/02/2000 7.39%
01/12/1999 7.14%
04/05/1999 6.89%
01/03/1999 7.05%
04/01/1999 7.80%

Standard Variable Rate is a type of mortgage interest rate set by us. The rate can go up or down at any time.

The table outlines changes to the Bank’s Standard Variable Rate for Buy to Let mortgages.

The following rates are no longer available.

Standard Variable Rate changes

for mortgages provided by RBS plc (Isle of Man branch) trading as NatWest (applicable until 18 April 2018)

This rate is no longer available.

 

Historic rates

Effective date Standard Variable Rate
02/03/2009 4.00%
02/02/2009 4.19%
31/12/2008 4.44%
01/12/2008 5.19%
03/11/2008 6.69%
01/03/2008 7.19%
29/02/2008 7.44%
02/01/2008 7.69%
01/08/2007 7.94%
01/06/2007 7.69%
01/02/2007 7.44%
01/12/2006 7.14%
01/09/2006 6.89%

Standard Variable Rate is a type of mortgage interest rate set by us. The rate can go up or down at any time.

The table outlines changes to the Bank’s Standard Variable Rate for mortgages provided by RBS plc (Isle of Man branch) trading as NatWest.

Applicable until 18 April 2018

 

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