Related topic: Bank of England

Bank Rate has increased for the first time since 2023.

A challenging environment to reprice fixed rate mortgage deals created a mix of activity from lenders over recent weeks, while a BBR hike of 0.25% is expected tomorrow.

Mortgage approvals fell to their lowest level since the end of 2023 and have remained below 60,000 for five consecutive months.

John Goodall, CEO of Landbay, explains why the outlook over the next 12 to 18 months might ultimately prove rather more positive than current market pricing suggests. 

Interest rates would fall from current levels by the end of next year if inflation eases, Winder says.

Monthly GDP grew by 0.1% in August, ahead of economists' expectations.

Taylor believes the current stance on monetary policy is "sufficiently restrictive".

Despite economists predicting a rate hike, 43% of mortgage professionals think the MPC will hold rates in November.

Bank Rate hasn't moved since March, yet the average two-year fix is almost 0.9 percentage points higher. James Lucas, director at Barcadia Media, says for clients waiting on November's...

Markets have priced in a rise to 4% later this year and two further increases in 2027.