Base Rate – 3.75% The Bank of England has reduced the base rate to 3.75%, the lowest level in nearly three years, reflecting a slowing UK economy. Inflation has eased from recent highs, wage growth is moderating, and economic output has weakened, prompting the Monetary Policy Committee to cautiously support growth. While inflation remains above […]
Bank of England Cuts The Base Rate By 0.25% Read More »
Base Rate Hold – Close Call ! The Bank of England has held the base rate at 4% following a close 5–4 vote, marking its second consecutive pause as policymakers await the Autumn Budget and further progress on inflation. The decision signals continued stability, offering reassurance to homeowners after a turbulent period for interest rates.
Bank of England Holds Base Rate at 4% Read More »
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
Base Rate Forecast: Just One More Cut Priced In Read More »
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
Bank of England Interest Rates 2025 – Rate Held at 4% Read More »
What You Need To Know The Bank of England (BoE) reduced the Base Rate by 0.25%, bringing it down to 4.00% – It’s lowest level since March 2023. This is the fifth cut since August 2024 and was narrowly approved in a 5–4 split vote, marking the first time in history that the Monetary Policy
BoE Cuts Base Rate To 4% – Why Now? Read More »
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
BoE Holds Rates as Inflation Slows – What It Means for Mortgages Read More »
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
BOE Cuts Interest Rates, How Will It Affect Your Mortgage Read More »
Stability Until May Predicted The Bank of England has maintained the base rate at 4.5%, aligning with economists’ expectations amid global uncertainties, including U.S. trade policies and domestic economic challenges. Inflation has decreased from a peak of 11.1% in October 2022 to 3%, but remains above the 2% target. The UK economy grew by just
Bank of England Holds Base Rate at 4.5% Amid Global Uncertainty Read More »
Mortgage Rates Drop – Will It Last? Recently, many lenders have reduced their fixed mortgage rates despite ongoing rises in swap rates. This apparent contradiction arises from lenders competing aggressively for business, temporarily cutting margins to attract borrowers. However, persistent inflation remains a significant concern. Inflation rates continue to exceed Bank of England targets, prompting markets
Mortgage Rates Drop Temporarily Despite Persistent Inflation Concerns Read More »
