18/02/2026
📌 Bottom line from Mortgage Sure following today's news about inflation.
• Good news for mortgage holders: softer inflation increases the chance of Bank of England cuts this year, which should eventually push mortgage rates lower.
• Not immediate relief: fixed deals already agreed stay as they are, and new deals will only fall as expectations for future rate cuts strengthen.
🏦 Base interest rate & inflation
• UK inflation falling closer to the Bank of England’s target (~2 %) makes it easier for the Bank to cut its official base interest rate from its current 3.75 %. Markets are now pricing in a likely cut at the next monetary policy meeting, possibly in March or April 2026. 
• A lower base rate generally reduces borrowing costs across the economy, including longer-term mortgage deals — but changes are not immediate.
Your home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. There may be a fee for mortgage advice, the exact amount will be
based on your circumstances.