The Bank of England has voted to reduce the Base Rate by 0.25% for the third time this year, taking it to 4%. Base Rate was held at 4.25% in June after it was cut by 0.25% in May. The Bank meets every six weeks to decide what should happen to interest rates, with the aim … Read more
The Bank of England has voted to reduce the Base Rate by 0.25% for the second time this year, taking it to 4.25%. Base Rate was held at 4.5% in March after it was cut by 0.25% in February. The Bank meets every six weeks to decide what should happen to interest rates, with the aim … Read more
The Bank of England has announced that it will reduce the Base Rate by 0.25%, taking it to 4.5%, in the first decision of the year. Base Rate was held at 4.75% in December after two cuts in 2024. The Bank meets every six weeks to decide what should happen to interest rates, with the … Read more
The Bank of England announced its decision to reduce the Base Rate to 5% at the start of August, which was the first cut in four years. Our real-time data means we can see shifts in property market activity as they’re happening, so we’ve been keeping a close eye on how this news has affected … Read more
The Bank of England (BoE) has announced it will reduce the Base Rate to 5% this month, a reduction of 0.25%, and the first cut in four years. The Base Rate had been held at 5.25% since August 2023, after 14 consecutive rises. The Bank had been raising, and holding, rates to tackle high levels … Read more