Base rate goes up to 5%

Base rate goes up to 5%

In an ongoing bid to combat inflation, the Bank of England has just announced another base rate increase The Bank of England has increased the base rate from 4.5% to 5%.This latest increase is due to inflation remaining higher than predicted. Inflation remained at...
Why does the base rate keep going up?

Why does the base rate keep going up?

Wondering about the recent upward trend of base rates since December 2021? Let’s explore the possible reasons behind these rises and uncover what the future holds for us. The Bank of England’s decision to increase the base rate to 4.25% on Thursday was hardly a...
The base rate goes up to 4%

The base rate goes up to 4%

Another base rate rise has just been announced by the Bank of England. Find out what the rate rise means for you and what’s happening with mortgage interest rates in general. The Bank of England has just increased the base rate from 3.5% to 4%, which is the tenth...
Bank of England base rate goes up

Bank of England base rate goes up

In a bid to combat inflation, The Bank of England has increased the base rate to 3%. Find out what this means for your mortgage. The Bank of England has today announced that the base rate has increased from 2.25% to 3%. This is the biggest increase since 1989 and...
The Bank of England increases the base rate

The Bank of England increases the base rate

The latest announcement from the Bank of England to increase the base rate to 1.75% marks the sixth consecutive rate rise. The Bank of England has just announced that the base rate is increasing to 1.75% in a bid to combat rising inflation. The Bank has just announced...