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News

The latest news and information on mortgages, the property market and other financial matters.

Interest rates

The base rate comes down to 5%

The Bank of England has reduced the base rate – it's the first time the rate has changed since August 2023 and it's an encouraging sign for homebuyers, home movers and anyone who needs to remortgage. We're pleased to share some good news. The Bank of England has...

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Busy restaurant

Inflation challenges not over

Despite some positive signs, the battle against inflation is not over yet. CPI inflation held steady in June, but services inflation remained higher than expected. So, what does this mean for the next base rate review? Figures released by the Office for National...

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House for sale in the UK

Halifax predicts a house price rise

The lender expects house prices to creep up slightly later this year and says the market has been recovering. House prices remained mostly flat in June, with the annual rate of house price growth unchanged from May at 1.6%, according to Halifax. The lender’s latest...

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Aerial view of houses

Major lenders cut their mortgage rates

Some key lenders have made rate reductions this week, and rates have been on a downward trend over the past few weeks. Several major lenders have reduced their fixed-rate mortgage deals in the past few days. NatWest was the first to make rate cuts, followed by...

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Row of houses

No change to the base rate

Inflation is down, but the base rate has been held at 5.25% yet again. When is it likely to come down, and what’s happening with interest rates? Find out more… The Bank of England’s base rate has remained the same in today’s review despite yesterday’s news about...

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