09/05/2025
The Bank Rate has just dropped from 4.5% to 4.25%. Hereβs what that means for you:
π First-Time Buyers
Great news! Lower rates = potentially lower mortgage repayments.
That means getting on the property ladder could be more affordable.
π Remortgagers
A lower bank rate could result in lower monthly repayments if you're on a tracker.
Get in touch if you're due to remortgage and see if you could save.
π Landlords
Got a variable-rate mortgage? This is good news for you.
Lower repayments = higher yields putting more money in your pocket.