Following Mark Carney's comments last week that base rates may rise as early as the end of this year!
Followed by increased press coverage on the subject, we are receiving calls daily asking "when should I sign up?"
The answer is simple; today or if not today definitely tomorrow. With major building societies such as Santander and Woolwich withdrawing deals and more likely to follow, it is unlikely that rates will be this low again for a while.
A quote does not secure a rate but an application does so whilst we are not trying to scare people, we are saying if you have secured a new home or decided to re-mortgage there really is no point in delaying your application.
For more information or to find out how simple a mortgage application is please contact us on 01628 507477.
Recent posts
Analysts are predicting further rate cuts this year, with the next one possibly coming down to 4% when the Bank of England’s Monetary Policy Committee meet on Thursday 7th August 2025.
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