"Standard Variable Rate"

A variable interest rate set by the lender that may fluctuate in line with general interest rates and market conditions. The SVR rate would usually represent a specific margin above the Bank of England Base Rate and therefore may vary in accordance with this.

Mortgage glossary and terms by letter

A B C D E F G H I J K L M N O P Q R S T U V W Y Z 0

Was this page helpful? Yes: 0 No: 0 6