What's Happening to UK Interest Rates and Mortgage Deals?

What's happening to UK interest rates and mortgage deals?

The Bank of England is expected to maintain interest rates at 3.75%, with uncertainty about future moves due to Middle East conflict-driven inflation concerns affecting mortgages, savings, and borrowing costs.

Bank Rate hold is 'sensible call' for housing market

Bank Rate hold is 'sensible call' for housing market: The Monetary Policy Committee (MPC) has held Bank Rate at 3.75% by a majority vote of 6-3. Three members voted to increase the rate to 4%. Explaining the d

Bank rate held at 3.75% - what it means for your savings, mortgage and pension

BoE holds at 3.75% – what's next for mortgage rates?

The Bank of England may be sitting still, but the mortgage market certainly isn’t. Interest rates have once again been held at 3.75%, as widely expected, just as other central banks are heading in the opposite direction, with both the Federal Reserve and European Central Bank raising rates at their latest meetings. Closer to home, […]

Rising inflation’s impact on mortgage and interest rates - BuyAssociation Group

UK inflation has risen for the second month in a row, adding to the upward pressure on mortgage rates, but there are some good reasons why it may not result in base rate rises. The Consumer Prices Index (CPI) rose from 2.9% in July to 3.1% in August, according to the Office for National Statistics... Read more »