Interest Rates 2024 Mortgage Uk. The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to. Lenders started slashing mortgage rates amid the bank of.

The pound fell by nearly 1% against the dollar to $1.317 on thursday morning, with expectations of lower rates meaning people think they will make less money on. Santander has today launched the cheapest mortgage on the uk market.