18/06/2026
β½ With the football dominating the headlines at the moment, most conversations today will probably be about results, performances and predictions.
π¦ But there was another announcement today that could have a bigger impact on homeowners, buyers, landlords and tenants.
The Bank of England has decided to keep interest rates at 3.75%.
While it won't stay in the news cycle for long, it's arguably the biggest property story of the day.
β So what does it mean?
π‘ For Sellers
Very little changes. Buyers have largely adjusted to higher borrowing costs and are still moving because life moves on. Families need more space, people downsize, jobs change and circumstances evolve.
π For Buyers
Today's announcement brings something valuable: stability. A more predictable mortgage market makes it easier to budget, plan and make decisions with confidence.
π For Landlords
It removes one area of uncertainty at a time when many are already dealing with higher costs and increasing regulation.
π For Tenants
Anything that helps maintain landlord confidence supports the supply of rental homes, which remains a challenge in many areas.
π The Bigger Picture
Property decisions are usually driven by life events rather than interest rates alone.
π First time buyers will still buy their first home.
π¨βπ©βπ§βπ¦ Families will still need extra bedrooms.
π¦ People will still relocate for work.
π Landlords will still invest.
π Tenants will still need somewhere to live.
Waiting for perfect market conditions can sometimes mean waiting far longer than intended.
π Today's decision doesn't suddenly transform the property market, but it does provide something that buyers, sellers and investors have been craving for some time: certainty.
π Estate Agency Done Ethically
Many people don't trust estate and letting agents. We understand why, and we're working hard to change that.
As the only local member of the Ethical Agent Network, we believe property advice should be straightforward, honest and focused on helping people make informed decisions.
If there's a question about the local market, we're always happy to help.