The change will take effect from Monday 9 August for new customers and Wednesday 1 September for existing customers on or linked to our Standard Variable Mortgage Rate. Tracker rates will continue to reflect the movement of the Bank of England base rate to which they are linked and increase by 0.25%.
Savings
C&G Bonus Tracker and Tracker rates will also increase by 0.25% with effect 1 September 2004. The remainder of C&G's and Lloyds TSB's savings rates are currently under review with any changes becoming effective from 1 September 2004.
