19/03/2026
Despite ongoing geopolitical tensions, the Bank of England has announced it will keep the base rate at 3.75%.
How this will affect individual lenders’ mortgage rates depends on other factors, though, so if you’re thinking about buying for the first time, or you need to remortgage, speaking to one of our advisers is a must.
Here’s what’s happened and what that means for you...
Today, the Bank of England has held the base rate of interest at 3.75%, which continues to be the lowest we’ve seen for nearly three years.
Lenders may have factored today’s announcement into their current rates, so there’s no need to wait to speak to an adviser.
What first-time buyers need to know...
Despite the base rate remaining unchanged, potential instability on the horizon could affect mortgage rates.
So, if you’re looking to get onto the property market, now is a great time to start having those conversations to get the ball rolling.
(Credit Balch Mortgages)