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The Bank of England holds the base rate at 4%

< 1 min read
November 6, 2025

The Monetary Policy Committee may be playing it safe as inflation is still above the 2% target (currently 3.8%) and the Autumn Budget (and possible tax hikes) is yet to be announced.

Here’s what it means for you:

  • Stability in mortgage rates for now
  • Lenders continue to offer competitive products
  • A brighter outlook for borrowing power compared to last year

Ben Thompson from the Mortgage Advice Bureau gives comfort that “Homebuyers and movers should therefore anticipate a stable rate environment for the time being.”

Source:

 

Your property may be repossessed if you do not keep up repayments on your mortgage.

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