Interest rates expectations have jumped, but improved a little

Interest rates expectations have jumped, but improved a little

As widely reported, the Chancellor's mini-budget spooked markets and resulted in the value of the pound sliding and interest rate expectations jumping up.


  • Swap rates are often used as an early warning of where mortgage interest rates are heading. Immediately after the mini-budget, 5-year swap rates climbed to a high of 5.6% but have since improved a little to 5.2%.
  • The next few weeks leading up to the Bank of England's next meeting and the Chancellor's budget are likely to be volatile for interest rate expectations.
  • Interest rates are definitely rising but with current volatility the extent they will need to rise is still unclear. Source: Dataloft, UK investing.com


Get in touch with us

The rental market continues to shift, with new rules, rising rents and affordability pressures all shaping landlord decisions. July is a good time to review your property and your plans.

It may feel far too early to think about Christmas, but moving home takes longer than many sellers expect. Starting in July can make the journey calmer and more controlled.

Scrolling property portals is useful, but registering with an estate agency can give buyers a more personal, proactive search experience, especially when the right home is about to come to market.

August does not have to be a quiet month for your property search. With the right financial preparation and viewing strategy, summer buyers can uncover opportunities others may miss.