Base Rate Holds at 4% – What This Means for Homeowners

The Bank of England has confirmed that the base rate will remain at 4% this month, in line with predictions.

Last week, I outlined why the most likely outcome was a hold: inflation remains elevated, and while the MPC is signalling gradual easing, markets suggested one final cut wouldn’t come until later this year.

What this decision means:

• For homeowners on tracker or variable mortgages, payments remain stable for now.

• For buyers and those looking to remortgage, a hold brings short-term certainty when planning ahead.

• Markets continue to expect one final cut in November, which could be the point where affordability improves further.

At RBM Solutions, we’ll continue monitoring the situation closely. If you’d like a personal review of how this decision impacts you, get in touch today.

📩 jack@rbmsolutions.co.uk

— Jack, Mortgage Advisor at RBM Solutions