30/04/2026
Breaking News: Bank of England Holds the Base Rate at 3.75% β
But what does that actually mean for your mortgage? π€
β‘οΈ If youβre on a tracker or variable rate mortgage, your payments should stay roughly where they are for now, as the rate hasnβt changed.
That said, these types of rates can still move depending on lenders, so itβs always worth keeping an eye on things.
β‘οΈ If youβre on a fixed rate mortgage, nothing changes. Your monthly payments stay exactly the same for the duration of your deal.
While this might feel like a bit of stability, the market has been unpredictable recently.
Thatβs why weβre still recommending speaking to us around 6 months before your current deal ends. π
Getting ahead of it means you can secure a rate now.
If rates come down, we can review and switch you.
If they go up, youβre already protected. β
If you want to understand what this means for you, get in touch
Your home may be repossessed if you do not keep up repayments on your mortgage.