Unlocking Property Opportunities: How the Bank of England’s Interest Rate Cut Transforms the UK Housing Market
The Bank of England Cuts Interest Rates by 0.25%: What It Means for UK Property Buyers. In a decisive move that has sent ripples across the UK economy, the Bank of England (BoE) has cut its base interest rate by 0.25%, bringing it down from 5.25% to an even 5%. This decision, long anticipated by market analysts, marks a significant turning point for the UK property market, signalling the start of what many believe will be a series of gradual reductions over the next 18 to 24 months.