mortgages
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UK Mortgage Market Update August 2026
Key points of Change On 30th July, the Monetary Policy Committee (MPC) voted 6–3 to hold the Bank of England base rate at 3.75%. The reasoning is that inflation remains above target and the BoE is exercising patience and caution in the face of ongoing global uncertainty. The appointment of Andy Burnham as Prime Minister and John Healey as Chancellor of the Exchequer has not had…
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Mortgage Market Update June 26
Key points of Change The Monetary Policy Committee (MPC) voted 7–2 on 18th June to hold the Bank of England base rate at 3.75%. That outcome was widely expected, but he fact that two MPC members voted for a rate increase highlights the Bank’s ongoing concern about underlying inflation and the possibility that recent progress towards the 2%…
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Is Your Mortgage Deal Ending in 2026?
Do you need to review your mortgage deal in 2026? 1.8 million UK homeowners will be coming off fixed rate mortgage deals this year. Are you one of them? You might be surprised by the current market. Some homeowners who are coming off mortgage products from before the Liz Truss budget era will be surprised…
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Mortgage Market Update May 26
Reduction in Inflation After an uptick in March, UK inflation reduced in April to 2.8%.This may sound surprising given the continuing global situation, but the expert consensus is this drop was down to an already planned cut in the UK energy price cap. Future Interest Rate Changes are Still on the Cards For homebuyers and…
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Mortgage Market Update April 26
Buyer Demand Remains Strong Buyer demand in the property market has held steady for April with only a slight downturn on sales agreed even with increased fixed mortgage rates. Mortgage rates have now stabilised, but they remain elevated. The increases that have already occurred due to the global uncertainty will have a big impact on…