Will Mortgage Rates Go Down In September 2024 Uk

Will Mortgage Rates Go Down In September 2024 Uk. Most experts believe mortgage rates are due to go down further, they’re just not sure quite when or how far. On 1 august 2024, the bank of england base rate fell to 5% from 5.25%.

When will mortgage rates go down? There is widespread consensus that the bank of england will cut interest rates by a quarter percentage point (0.25%) in september, taking it to 4.75%.