Bank Of England Rate Cut
7th Feb 2025
So, what happens to your mortgage rate?
Bank Of England Base Rate Cut
If you are on a variable, discount or tracker rate mortgage, your lender will notify you if your rate will change as a result of the latest BOE rate cut.
If you are within a fixed rate period, your rate will not change until the fixed period ends. If your current fixed rate ends within the next 6 months, we recommend you get in touch with us so you can look at options in good time before the end date comes.
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