Interest Rates Cut UK: Bank of England Slash Rates From 4.25% to 4% in Home Mortgage Holder Boost

Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Bank interest rates: Bank of England rate cut will ‘fuel momentum’ in property market, say experts

There is positivity around the property market, according to experts, following today’s Bank of England interest rate cut - here’s what it means for mortgages.

Thousands of Brits given £346 off mortgage repayments immediately - The Mirror

A cut in interest rates will mean the 590,000 people with a base-rate tracker mortgage will see borrowing costs fall from tomorrow, August 8. That could equate to £346 annually

What the interest rates cut means for mortgages, pensions and savings

Changes to the Bank's base rate can affect mortgage and savings rates.

What the Bank of England interest rate cut means for your mortgage and money - Manchester Evening News

The average homeowner on a tracker mortgage will see a nearly £29 reduction in their monthly payments

Average tracker mortgage borrower set to see £29 fall in monthly payments

The Bank of England base rate was cut from 4.25% to 4% on Thursday, reducing costs for some mortgage borrowers. The average homeowner on a tracker mortgage will see nearly £29 shaved off their monthly payments, following the quarter point cut in the Bank of England base rate, according to industry figures. Banking and finance industry body UK Finance calculated that the reduction in the base rate on Thursday, from 4.25% to 4%, will mean the typi…