18/06/2026
📢 BOE HOLDS BASE RATE – WHAT DOES IT MEAN FOR MORTGAGES?
The Bank of England has decided to hold the base rate today, keeping it unchanged.
🏡 What this means for homeowners and buyers:
✅ If you’re on a fixed-rate mortgage, nothing changes for now.
✅ If you’re on a tracker mortgage, your payments should remain the same.
✅ For anyone looking to buy or remortgage, this could provide some welcome stability as lenders continue to compete for business.
📉 While many were hoping for a rate cut, holding rates can still be positive news. It gives lenders more confidence and may help maintain the competitive mortgage rates we’ve seen recently.
💡 Remember: mortgage rates don’t always move in line with the Bank of England base rate. Lenders often price deals based on future expectations, so it’s still worth reviewing your options.
Thinking about buying, remortgaging or coming off a fixed rate soon? Now could be a great time to explore what’s available.
📞 07950 111 830
📧 [email protected]
📱Lucy
*Your home may be repossessed if you do not keep up repayments on your mortgage.
