Important update
    Changes to the Bank of England Base Rate

    The Bank of England decreased Base Rate from 4.25% to 4.00% on Thursday 7 August 2025. Following this announcement, we will be reviewing how this impacts our current savings interest rates and this may mean we need to change your variable interest rate if this is applicable to your product. If we do, we will be in touch to let you know and provide you with your options.

    What if there isn't a will?

    If a person dies without making a will they are said to have died ‘intestate’. To administer the estate in these circumstances you usually need to apply to the Probate Registry for a ‘grant of letters of administration’. It provides proof to banks, building societies and other organisations that you have authority to access and distribute funds. We’ll need an original or certified copy of the grant of letters of administration to release any funds held with Close Brothers Savings.

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