As of 16th December 2021, the Bank of England increased its Base Rate from 0.10% to 0.25%.
Following this change, most of our saving product interest rates will increase from 1st February. However, we have not increased our Standard Variable Rate for our mortgage customers.
We will write to all savings customers with balances in excess of £100 ahead of the increases with a full list of the new rates. Our website will also be updated.
Helping Borrowers and Savers Since 1924
Instead of paying rent to a landlord, the student buys the house and receives rent from their housemates to help cover mortgage payments.
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Instead of paying rent to a landlord, the student buys the house and receives rent from their housemates to help cover mortgage payments.
*T&Cs apply
Put down a minimum 5% deposit and borrow up to 95% of the purchase price of the property.
*T&Cs apply
Find out moreExclusively for under 18's, within a 25 mile radius of Stockport. With instant access to funds.
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British Bank Awards 2020
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The Vernon is supportive of the government’s Homes for Ukraine Sponsorship Scheme, which will enable homeowners across the UK to provide accommodation in their own home to refugees fleeing the war.
As details emerge, we will share information here. In the meantime, you can learn about the scheme on the government website.
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