Independent Mortgages Direct NE

Gary Howe

Qualified and experienced Mortgage Broker and Principle of IMDNE with over 30 years experience looking after retail mortgage customers. Authorised and Regulated by the Financial Conduct Authority (FCA Ref 301727) and a member of the Association of Mortgage Intermediaries (AMI).

Base Rate Forecast

Base Rate Forecast: Just One More Cut Priced In

Borrowers & Base Rates Markets currently expect just one further Bank of England base rate cut, with a move towards 3.5% considered possible next year. This limited outlook reflects persistent inflationary pressures, cautious economic growth, and the Bank’s reluctance to ease too quickly. For borrowers, this means mortgage rates may remain higher for longer than […]

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Bank of England

Bank of England Interest Rates 2025 – Rate Held at 4%

BoE Holds Base Rate at 4% – Why ? The Bank of England interest rates 2025 decision has seen the base rate held at 4%, as the Monetary Policy Committee voted to keep borrowing costs unchanged. For homeowners and buyers, this move highlights ongoing inflation concerns. Mortgage borrowers should consider whether their current deal remains

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Bank of England

BoE Holds Rates as Inflation Slows – What It Means for Mortgages

Global Risks Reflect Cautious Approach The Bank of England held the base rate at 4.25% this week, citing the need for more evidence that inflation is falling sustainably. While headline inflation has eased to 3.4%, it remains above the 2% target, with services inflation and wage growth still exerting upward pressure. The Monetary Policy Committee

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Bank of England

BOE Cuts Interest Rates, How Will It Affect Your Mortgage

Further Rate Cuts Anticipated The Bank of England reduced the base rate from 4.5% to 4.25% on 8 May 2025. This 0.25% cut directly benefits approximately 600,000 tracker mortgage holders, who can expect average monthly savings of around £29. Those on standard variable rate (SVR) mortgages may also see reductions, though the extent depends on

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