22/09/2026
The base rate has not moved since December. Your move should not be waiting on it either.
Three of the nine Bank of England committee members voted to raise rates in July. Average two year fixed mortgage rates are back above 5%. The direction of travel is not currently downwards.
Wanting borrowing to get cheaper before you move is entirely reasonable. It is just not something you control, and every month spent waiting is a month of autumn buyers in Horsforth and Cookridge looking at somebody else's home.
What you do control is how well your home is priced and presented for the buyers who are active right now.
Book a free market appraisal https://bit.ly/4xzqeNl