09/06/2026
π¦ Bank of England: No Rush to Cut Rates
The message from the Bank of England is becoming clearer...
π Interest rates are expected to remain at 3.75% throughout the summer, with policymakers taking a cautious approach as global uncertainty continues.
π Ongoing tensions in the Middle East and the conflict involving Iran have pushed energy prices higher, adding fresh inflationary pressure to the UK economy.
So, what does this mean for you?
π‘ Home Buyers:
Don't assume mortgage rates will fall quickly. If you're waiting for a "perfect" rate, you could be waiting longer than expected.
π Remortgaging:
If your current deal ends in the next 6β12 months, now is the time to review your options rather than waiting until the last minute.
π· Homeowners:
Global events are increasingly influencing UK mortgage pricing. Your mortgage is no longer driven by UK economics alone.
π My thought:
"The best mortgage decisions aren't made by predicting the marketβthey're made by preparing for it."
If you're buying, moving home or remortgaging, let's have a conversation and build a strategy that works for your circumstances.
π© DM me or call 07976 462077
Mohan Sharma
Moransh Financial Services
Remortgage FirstTimeBuyer PropertyMarket FinancialPlanning HomeBuying ScotlandMortgages MortgageBrokerUK
