Bank of England base rate goes up to 4.25%

Bank of England base rate goes up to 4.25%

The latest base rate rise is the 11th consecutive increase since December 2021. Find out what this means for your mortgage. The Bank of England has just announced the base rate has increased by 0.25%, bringing it up to 4.25%. The rate increased by 0.5% on 2 February...
Mortgage interest rates keep coming down

Mortgage interest rates keep coming down

Despite today’s Bank of England base rate increase, mortgage interest rates look set to keep falling and should be below 4% in a few weeks, according to industry experts. Updated on 2nd February 2023 A few weeks ago, we reported that mortgage interest rates were...
Interest rates are coming down

Interest rates are coming down

While interest rates are no longer at the historic lows we saw last year, they are starting to come down and the market is showing signs of stability. The Bank of England base rate has increased steadily all year in a bid to combat inflation. On 3 November, it was...
The truth about the cost of borrowing

The truth about the cost of borrowing

You may have heard about rising interest rates and be concerned about whether they will continue to increase. Here’s what you need to know… The recent Bank of England base rate changes have been reported regularly in the media, with many homeowners and potential...
The Base Rate Goes Up To 1.25%

The Base Rate Goes Up To 1.25%

Another base rate rise has just been announced by the Bank of England. Find out what this means for your mortgage. The Bank of England has just announced that it is increasing the base rate from 1% to 1.25% in a bid to fight inflation. The rate is now the highest it’s...