Path of interest rates

Recent rapid rises in interest rates have left borrowers wondering where this will end. The current Bank Rate is 5%.

In the short term there are expected to be further interest rate rises. The consensus of forecasts average at 5.6% for the end of this year. Over the longer term the Bank Rate is expected to come down: forecast to be below 3% again in 2026 and 2027.
The steepness of the increase is comparable with the sharp drop as the economy entered the Global Financial Crisis.
June inflation data had tentative evidence of improvement which could help improve the long term interest rate outlook. Source: #Dataloft, Bank of England

Get in touch with us

First Name

Last Name

Mobile Phone

Your Email Address

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

New First-Time Buyer Scheme: What We Know So Far

A new government scheme could help first-time buyers purchase with a deposit of just 2.5%. With more details expected at the October Budget, here’s what prospective buyers need to know.

CLICK HERE >

Celebrating 23 Years of Sure Sales & Lettings: A Heartfelt Thank You to Our Community

Today marks a truly special occasion for us at Sure Sales & Lettings: our 23rd anniversary! We're incredibly proud of this milestone and want to extend our sincerest gratitude to everyone who has been a part of our journey.

CLICK HERE >

Are You 90 Days Away From Selling?

A move often starts long before a property is officially listed. If selling within the next few months is becoming a realistic possibility, September is a good time to work out what needs to happen first.

CLICK HERE >

Can You Still Move House Before Christmas?

Hoping to be in your next home by Christmas? With property transactions taking months rather than weeks, October is the time to understand what’s realistic — and why it can still pay to get moving.

CLICK HERE >