01/05/2026
🏦 Bank Rate holds at 3.75% - here's what it means for you!
The Bank of England has kept the base rate on hold, and honestly? In the current climate, that's not the worst outcome.
With inflation still sitting above target at 3.3% and ongoing uncertainty in global markets, they've opted for caution over cuts. So what does that mean if you're thinking about your mortgage?
👉 Coming to the end of your current deal? If you're within 6 months of your fix ending, it's worth exploring your options now. Many lenders let you lock in a rate today and switch later if something better comes along, so you get protection without losing flexibility.
👉 Thinking about buying your first home? Don't let the headlines put you off. Lenders are still competing for business, and there's more choice in the market than there was 12 months ago. The key is understanding your options, not rushing into a decision.
The market is moving, just not as fast as any of us would like. The best thing you can do is go into it informed.
Not sure where to start? That's exactly what we're here for 😊
