Couverture de Bank of England Base Rate Decision - Reaction - Feb '24

Bank of England Base Rate Decision - Reaction - Feb '24

Bank of England Base Rate Decision - Reaction - Feb '24

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In this reaction to the Bank of England reducing rates by 0.25% to 4.5%, Matt Coulson (Founder at Heron) and Richard Campo (Head of Growth) talk over what this means for the mortgage market. Key themes are:

  • What impact will this have on mortgage rates?
  • How have money markets reacted?
  • If rates reduce, can I get a lower rate on an active application?
  • What does this mean for longer term interest rates and the cost of mortgages?

For that and a lot more, we hope you enjoying listening.

If you would like to learn more, please do get in contact with us. All our details are on the website - https://heronfinancial.co.uk/

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