Mortgage Rates Fall
In news, which is good for borrowers and house hunters, the mortgage lending rates of many banks and building societies have started to creep downwards over the last few weeks.
Although we will have to wait for Bank of England base rate decision next week, it now seems that it is more likely that the base rate will stay at 3.75% rather than be raised. Lenders are feeding this news into their mortgage lending rates.
Lower mortgage rates usually mean a more healthy housing market and as we move through 2026, we expect prices and activity to stay consistent with supply and demand roughly meeting across the areas we cover.
