City predicts quarter-point drop to 4% when MPC meets on Thursday.
Read MoreBank of England forecast to cut interest rates amid rising unemployment and Trump tariffs
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Mortgage lending rules change could help first-time buyers
First-time buyers could get more access to mortgages after the Bank of England recommended a looser cap on riskier lending.
Read MoreBuying your first home in 2025? Here’s everything you need to know
You should be aware of extra costs beyond the deposit – and of what’s happening with interest rates
Read MoreHow Trump’s tariff turmoil could shake up different mortgage types
Interest rates are an indicator of how much you’ll repay on a borrowed financial product, such as a mortgage. While the UK has one of the world’s largest mortgage markets, how do interest rates affect the 25% of UK residents that own one?
Read MoreUK mortgage lenders cut rates after Trump tariffs
A growing number of UK lenders are cutting mortgage rates as the fallout from US tariffs continues to fuel forecasts of deeper than expected interest rate cuts.
Read MoreMortgage rates set to fall as tariffs spark predictions of more interest rate cuts in 2025
One mortgage broker thinks we could see a 3.5% fixed rate mortgage soon.
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