The Standard Variable Rate is the interest rate the lender charges which fluctuates with the changes in the base rate – this affects your interest payments accordingly.
standard variable rate. the basic rate of interest a lender charges on its straight variable-rate mortgages.
Standard Variable Rate. A mortgage lender's main interest rate. Fixed-rate and discount loans usually switch to SVR when the special offer period expires. Conversely, tracker mortgages switch to a fixed percentage above Bank Of England Base rate (or LIBOR).
The interest rate usually charged by a mortgage provider. They reflect the rates set by the Bank of England and other financial institutions but are not the same. They can go up or down which will cause the monthly payments to go up or down. They can vary from lender to lender.
A Lenders own mortgage rate.
This stands for Standard Variable Rate. This is the standard interest rate charged by lenders. The rate goes up and down (is variable) and your repayments will be adjusted accordingly. Back to the Top
Standard variable rate. The SVR is the standard rate of interest that the lender charges. This usually goes up and down in line with any change in the bank base rate.
Standard Variable Rate. Is when the lenders rate can go up or down effecting your payment accordingly.
Standard Variable Rate. This is the interest rate that the lender charges. The rate goes up and down and your repayments are adjusted accordingly. T U
Standard Variable Rate. A lenderâ€(tm)s normal rate of interest which runs broadly in line with the countryâ€(tm)s general cost of borrowing, ie: it can vary (up and down). At the end of any fixed rate, capped or discounted period, a mortgage will revert to the lenderâ€(tm)s SVR.
Standard variable rate. Lenders' SVRs fluctuate at their discretion as economic conditions change. When the initial rate-control period on a mortgage finishes the SVR will be the payable rate.
Standard variable rate. This is the interest rate charged by the lender, which can go up or down.
Standard variable rate. The interest rate the lender charges goes up and down, with your interest payments changing accordingly.
Standard Variable Rate. This is a variable rate determined entirely at each Lender's discretion. Unless linked to Libor or the Bank of England Base Rate, the SVR is the reverting rate at the end of any special offer period, such as a Capped, Discounted or Fixed rate.
This means “Standard Variable Rateâ€, and is the way which most lenders define their standard lending rate (some lenders use the LIBOR rate instead; see above). A lender's Standard Variable Rate is linked to the Bank of England Base Rate. However, whilst the SVR will generally go up and down in line with changes to the Bank of England Base Rate it is normally set by the lender at a slightly higher rate. Lenders calculate their own SVR, and consequently they vary from lender to lender.
STANDARD VARIABLE RATE. The normal variable rate charged by a mortgagee. The rate will vary as interest rates generally vary. In particular, Building Societies need to set the SVR at a level sufficient to allow them to both attract savers and cover administration and marketing overheads.
Standard Variable Rate. Our current Variable Rate Mortgages, including discounted rates and our Flexible Mortgage, are all linked to our Standard Variable Rate. The interest rate may change from time to time and this may result in changes to your monthly payments.