Tag: BOE

Bank of England Base Rate Update: December 2025 The Bank of England has announced a change to the base rate in December 2025, and this matters because it affects mortgages, savings, loans and the wider cost of living. If you have a mortgage, are thinking about buying a home, or are due to remortgage, this Read more

Bank of England Base Rate Update: November 2025 The Bank of England has announced its latest base rate decision, and you might be wondering what it means for mortgages, savings and day-to-day money decisions. What Has the Bank of England Decided? At the meeting held on 5 November 2025, the Monetary Policy Committee voted by Read more

Bank of England Base Rate Update: September 2025 The Bank of England has announced its latest decision on the base rate, a key figure that affects mortgages, loans, and savings. In September 2025, the base rate has been kept at 4%, with the Monetary Policy Committee (MPC) voting by a majority of 7–2 to maintain Read more

Bank of England Base Rate Update: August 2025 The Bank of England has made its latest decision on interest rates, and it could impact your mortgage, savings or overall finances. On 7 August 2025, the Bank of England’s Monetary Policy Committee (MPC) voted to reduce the base rate by 0.25%, bringing it down from 4.25% Read more

Bank of England Base Rate Update: June 2025 The Bank of England has announced its latest decision on interest rates following the June 2025 Monetary Policy Committee (MPC) meeting. If you’re wondering what this means for your mortgage or thinking about buying a home or refinancing, this update will give you the key facts in Read more

Bank of England Base Rate Update: May 2025 The Bank of England has just announced a change to the base rate. As of May 2025, the rate has been reduced by 0.25 percentage points to 4.25%. This decision affects everything from the cost of borrowing to the interest you earn on savings. If you have Read more

Bank of England Base Rate Update: March 2025 The Bank of England’s Monetary Policy Committee (MPC) has once again reviewed interest rates, deciding to keep the base rate at 4.5%. This decision was made with inflation, economic stability, and employment in mind. But what does this mean for you, particularly if you have a mortgage Read more

Bank of England Base Rate Update: February 2025 The Bank of England has announced a reduction in the base rate by 0.25 percentage points, bringing it down to 4.5%. This decision was made by the Monetary Policy Committee (MPC) to help manage inflation and support economic growth. But what does this mean for you, your Read more

Bank of England Base Rate Update: December 2024 The Bank of England has voted to hold the base rate steady at 4.75% during its December 2024 Monetary Policy Committee (MPC) meeting. This decision follows the rate reduction in November, which marked the first time the base rate dipped below 5% since June 2023. The move Read more

Bank of England Base Rate Update: November 2024 The Bank of England has announced a reduction in the base rate, bringing it down to 4.75% from 5.00%. This decision was taken during the Monetary Policy Committee (MPC) meeting on 6th November 2024. If you’re a homeowner, looking to buy a property, or managing your finances, Read more

Interest rates held at 5% but ‘on the path down’ The Bank of England has made an important decision this September: the base rate will remain at 5%. While interest rates have been a hot topic lately, this move to hold the rate steady will have implications for anyone with a mortgage, loan, or savings Read more

Bank rate reduced to 5% – August 2024 The Bank of England’s Monetary Policy Committee (MPC) has made a significant decision regarding the base rate. As of August 2024, the MPC has voted to reduce the base rate from 5.25% to 5%. This decision, made by a narrow majority, aims to address current economic conditions Read more