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inflation

House for sale

Base rate cut is a welcome boost for borrowers

The Bank of England’s Monetary Policy Committee has today voted to reduce the base rate. Here’s what the change could mean for you. The Bank of England has reduced the base rate from 4% to 3.75%, marking another positive step for borrowers as inflation continues to...

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Inflation reaches highest level since January 2024

Inflation reaches highest level since January 2024

Inflation increased to 3.8% in July. With the Bank of England under pressure to keep inflation steady, we’re less likely to see a further base rate cut this year. Inflation has reached its highest level since January 2024. Figures published by the Office for National...

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Refueling a car at petrol station

Surprise inflation rise in June

Inflation unexpectedly jumped to 3.6% last month. What does this mean for future mortgage rates? Inflation rose more sharply than expected in June, climbing to 3.6%, up from 3.4% in May, according to the Office for National Statistics (ONS). The unexpected rise was...

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Person in supermarket with receipt

Inflation falls in February

Inflation went down last month, edging closer to the government’s 2% target. What does this mean for interest rates? Consumer prices index (CPI) inflation fell to 3.4% in February, down from 4% in January – the lowest level in two and a half years. CPI inflation is...

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Interest rates

Base rate stays the same in February

No change to the base rate, but now the Bank of England is facing mounting pressure to lower it. Discover the details of today's latest review. The base rate has remained at 5.25%. The Bank of England reviewed the rate on 1 February and agreed to keep it the same. The...

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Mortgage interest rates calculation

‘The mortgage market should be more stable’

What’s happening with mortgage interest rates? Will the base rate come down, and what should you do if you’re due to remortgage? Our Managing Director, Monica Bradley, answers these questions in this monthly mortgage market update. Will interest rates keep coming...

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