Mortgage Rates Decrease 2024 Uk. The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to an end. On august 5th, daily average 30.
For the sixth time in a row, the bank of england has maintained the bank rate at 5.25%, however, average mortgage rates offered by. If you’re looking to remortgage or buy your first home, a cheaper deal can make a big difference to your monthly finances.
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