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If you have a base rate loan or mortgage, the interest rate we apply will always move in line with the changes to the Bank of England Bank Rate.
If your interest rate is fixed, any change to the Bank Rate will not affect the interest rate during the fixed period. However the interest rate you move to after the fixed period ends may be variable and therefore could change in response to changes in the Bank Rate.
Use our Rate change calculator to work out how a change in Bank Rate could affect your loan or mortgage repayments.
If you believe your business may be heading into financial difficulties, or you are struggling to meet your financial commitments, please don’t ignore the problem – talk to your relationship manager.
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New customers0345 606 0286
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We're committed to helping Scottish businesses grow and develop by giving them the support they need – our Business Charter will tell you more.
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Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628.
We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
The Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies. More information on the Lloyds Banking Group can be found at lloydsbankinggroup.com.
This site is intended for UK residents unless otherwise stated.
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