24/08/2026
Most people think inflation only affects the cost of living. But it can also affect mortgage rates.
UK inflation has risen to 2.9%, up from 2.6% in June.
While the increase wasn’t a surprise, what matters for mortgage rates is what the latest inflation figures could mean for the Bank of England’s next move.
Mortgage lenders can change their fixed rates based on what they think interest rates will do next. That means mortgage deals can change before the Bank of England actually changes its Base Rate.
If you’re buying your first home, moving house or your current mortgage is coming to an end, it could be worth checking what options are available now rather than waiting to see what happens next.
Everyone’s situation is different, but a quick conversation with us can give you a clearer picture of where you stand. 😊
