17 Dec 2025
Why has my rate not reduced if the base rate has gone down?
Many Mortgage Required clients who have had their mortgage approved automatically assume that their rate will go down when the Bank of England reduce the base rate.
However, fixed mortgage rates don’t always move in direct response. This is because lenders tend to be proactive rather than reactive, often factoring in any anticipated changes in advance.
Our team continue to monitor rates across the market closely. If your selected rate improves before your mortgage completes, we will notify you and ensure you benefit from any available reductions with the lender.
Don’t hesitate to get in touch if you have any questions or if you’d like to look at other options.
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Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
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