Standard Variable Rate (SVR)
What lenders standard variable rates look like once an initial deal ends.
Average Standard Variable Rate
6.58%
Average revert rate borrowers land on once a fixed or introductory mortgage deal ends, based on Bank of England quoted-rate data for August 2026.
Bank of England · checked 23 Sep 2026
Bank of England Base Rate
3.75%
Held at this level following the 17 September 2026 MPC meeting; SVRs are typically set several points above base rate.
Bank of England · checked 23 Sep 2026