Savings
Whether you’re looking for instant access, annual bonuses or tax-free savings, we have an account that will help you achieve your savings goals.
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Mortgages
Whether you’re looking to buy your first home, move somewhere bigger, or simply get a better deal, we can offer a mortgage that suits you.
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About Us
Established in Newport in 1869 to help local people build homes, we now help people across Wales and England buy properties and save for their future.
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- Monmouthshire Building Society
- Blog
- Bank of England Bank Rate Change
25 Mar 2020
Bank of England Bank Rate Change
It has been well publicised that due to the potential impact of COVID-19 (Coronavirus) on the economy, the Bank of England announced steps to decrease the Bank Rate, initially from 0.75% to 0.25% on 11th March 2020, with a further reduction to 0.10% with effect from 19th March.
As a result of these announcements, the Society is currently reviewing it products and services. The Society is committed to providing excellent service and products, whilst balancing the interests of all our members. We will communicate any changes as soon as possible.