ECB Rate Change
On 11 June 2026, the European Central Bank announced an increase of 0.25% to its ECB Refinancing Rate. As a result we will make these changes to our rates:
- Tracker mortgage rates will increase by 0.25% for all PDH Tracker and Buy to Let mortgages that are linked to the ECB rate.
- This change will happen by 01 July 2026 and we will write to all our customers with Tracker mortgages confirming the new interest rate and the date it’s changing.
-FAQ-
Got some questions?
A tracker mortgage ‘tracks’ changes to the ECB rate. If the ECB decides to increase or decrease its rate, the rate on the Tracker Mortgage will go up or down by the same percentage.
The ECB has announced an increase of 0.25% to its rate.
This means the tracker mortgage rate is going up by 0.25%.
We will write to all customers to inform them of the changes to their tracker mortgage interest rate during June 2026.
The direct debit for your mortgage will automatically change, so you don’t have to do anything.
You will need to amend your standing order to reflect the increased mortgage repayment.
You will need to contact your Bank to make this amendment.
Our Standard Variable Rate, Loan to Value (LTV) Variable Rates and Fixed Rates are not affected by this change.
If you are concerned about your current mortgage repayments, or if you are already in arrears on your repayments, you can speak to a Mortgage Advisor in your local EBS Office or can speak to us by calling 0818 330 044.
Alternatively, you can visit our worried about payments page.
We have wide range of competitive rate options available for customers. Please visit our website for more information.