base rate rise Archives - Property Investor Post

Money markets pricing in 5.5% base rate rise

September 26, 2022

Traders are pricing in the Bank of England increasing the base rate to 5.5% next year, which would vastly increase the cost of mortgages.

August 5, 2022

The Bank of England has increased the base rate by 0.5% - the biggest increase seen in 27 years.

December 17, 2021

The Bank’s Monetary Policy Committee voted by eight to one to raise the base rate, which could lead to higher mortgage and savings rates.

November 5, 2021

Afterwards Bank Governor Andrew Bailey said the decision was a “close call”, adding that the next rate rise is coming “from now onwards”.