Mortgage Rates 2024 And 2024 Uk . What difference will a labour government make to interest rates? A period of rising mortgage rates could be on the cards amid concern that a cut in the bank of england base rate of.
โ key drivers of the uk property market in 2024 knight frank highlights that the recent interest rate cut has had a more significant impact on the housing market than the. The bank of england cut interest rates on 1 august from 5.25% to 5%, marking the first reduction in interest rates since march 2020.bank rate had remained at 5.25% since.
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