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Standard variable rate
What a mortgage normally reverts to when a fixed or tracker deal ends.
UK
Aug 2026
6.58%
| Period | Standard variable rate (%) |
|---|---|
| 1 Sept 2021 | 3.61% |
| 1 Oct 2021 | 3.60% |
| 1 Nov 2021 | 3.59% |
| 1 Dec 2021 | 3.61% |
| 1 Jan 2022 | 3.67% |
| 1 Feb 2022 | 3.84% |
| 1 Mar 2022 | 3.99% |
| 1 Apr 2022 | 4.11% |
| 1 May 2022 | 4.26% |
| 1 Jun 2022 | 4.39% |
| 1 Jul 2022 | 4.55% |
| 1 Aug 2022 | 4.88% |
| 1 Sept 2022 | 5.10% |
| 1 Oct 2022 | 5.42% |
| 1 Nov 2022 | 5.87% |
| 1 Dec 2022 | 6.42% |
| 1 Jan 2023 | 6.61% |
| 1 Feb 2023 | 6.97% |
| 1 Mar 2023 | 7.16% |
| 1 Apr 2023 | 7.30% |
| 1 May 2023 | 7.38% |
| 1 Jun 2023 | 7.47% |
| 1 Jul 2023 | 7.64% |
| 1 Aug 2023 | 7.91% |
| 1 Sept 2023 | 7.98% |
| 1 Oct 2023 | 8.02% |
| 1 Nov 2023 | 8.00% |
| 1 Dec 2023 | 7.92% |
| 1 Jan 2024 | 7.94% |
| 1 Feb 2024 | 7.94% |
| 1 Mar 2024 | 7.93% |
| 1 Apr 2024 | 8.00% |
| 1 May 2024 | 8.00% |
| 1 Jun 2024 | 8.03% |
| 1 Jul 2024 | 8.07% |
| 1 Aug 2024 | 7.86% |
| 1 Sept 2024 | 7.70% |
| 1 Oct 2024 | 7.68% |
| 1 Nov 2024 | 7.56% |
| 1 Dec 2024 | 7.47% |
| 1 Jan 2025 | 7.48% |
| 1 Feb 2025 | 7.35% |
| 1 Mar 2025 | 7.24% |
| 1 Apr 2025 | 7.19% |
| 1 May 2025 | 7.08% |
| 1 Jun 2025 | 6.98% |
| 1 Jul 2025 | 6.99% |
| 1 Aug 2025 | 6.89% |
| 1 Sept 2025 | 6.80% |
| 1 Oct 2025 | 6.81% |
| 1 Nov 2025 | 6.82% |
| 1 Dec 2025 | 6.77% |
| 1 Jan 2026 | 6.62% |
| 1 Feb 2026 | 6.59% |
| 1 Mar 2026 | 6.60% |
| 1 Apr 2026 | 6.58% |
| 1 May 2026 | 6.58% |
| 1 Jun 2026 | 6.58% |
| 1 Jul 2026 | 6.58% |
| 1 Aug 2026 | 6.58% |
The standard variable rate is what a mortgage usually reverts to when a fixed or tracker deal ends. It is not a rate most borrowers choose.
How this is measured
- Published by
- Bank of England
- Licence
- Open Government Licence v3.0
- Series
- IUMTLMV
- Covers
- UK
- Published
- Monthly
- History
- Jan 1995 to Aug 2026
- Last published
- Aug 2026
Contains public sector information licensed under the Open Government Licence v3.0, and data from the Bank of England Interactive Statistical Database. TrackBritain is not affiliated with the Bank of England.