{"id":146596,"date":"2024-08-01T18:37:14","date_gmt":"2024-08-01T11:37:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-bank-of-england-interest-rate-cut-affect-my-finances\/"},"modified":"2024-08-03T22:27:30","modified_gmt":"2024-08-03T15:27:30","slug":"how-will-bank-of-england-interest-rate-cut-affect-my-finances","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-bank-of-england-interest-rate-cut-affect-my-finances\/","title":{"rendered":"How will Bank of England interest rate cut affect my finances?"},"content":{"rendered":"


\nFrom mortgages to savings and from loans to credit cards, we look at impact of quarter-point cut to base rateBank of England cuts interest rates to 5% in narrow voteRelief for borrowers as UK interest rates cut but little sign big reductions to comeBusiness liveThe Bank of England has voted to cut the cost of borrowing, reducing the base rate from 5.25% to 5%. It is the first cut since March 2020 and follows a succession of increases that have taken the rate from a record low of 0.1% nearly three years ago. Continue reading…
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\nSource : theguardian.com
\nRead more…How will Bank of England interest rate cut affect my finances?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From mortgages to savings and from loans to credit cards, we look at impact of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-146596","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-C8s","jetpack-related-posts":[{"id":21963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-cut-how-it-will-affect-you\/","url_meta":{"origin":146596,"position":0},"title":"UK interest rate cut: how it will affect you","date":"August 4, 2016","format":false,"excerpt":"\r With the Bank of England reducing the base rate to just 0.25%, we look at the likely impact on mortgage and savings rates, pensions and house pricesThe Bank of England has cut interest rates, taking the base rate to a new low of 0.25%. This is the first cut\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tesco-is-latest-bank-to-cut-interest-rates-by-more-than-boe-base-rate\/","url_meta":{"origin":146596,"position":1},"title":"Tesco is latest bank to cut interest rates by more than BoE base rate","date":"August 10, 2016","format":false,"excerpt":"\r Payments on internet saver and instant access savings accounts cut by 0.35 percentage points in November \u2013 more than 0.25 base rate reductionTesco Bank has become the latest savings provider to cut interest rates for existing customers by more than the fall in the Bank of England base rate.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rates-what-would-a-cut-mean-for-you\/","url_meta":{"origin":146596,"position":2},"title":"UK interest rates: what would a cut mean for you?","date":"June 30, 2016","format":false,"excerpt":"\r The Bank of England governor has hinted that he may lower the base rate. We examine the impact on mortgages, house prices and savingsThe Bank of England governor, Mark Carney, has hinted that interest rates could be cut over the summer from the current record low of 0.5%.What will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-bank-of-england-interest-rate-cut-mean-for-mortgages-and-savings\/","url_meta":{"origin":146596,"position":3},"title":"What does the Bank of England interest rate cut mean for mortgages and savings?","date":"February 6, 2025","format":false,"excerpt":"\r Decision will lead to lower borrowing costs for those on trackers \u2013 but fixed-rate deals will stay the sameBank cuts interest rates to 4.5% and halves UK growth forecastUnambiguously bleak forecasts pave way for spending cutsBusiness live \u2013 latest updatesThe Bank of England has cut interest rates from 4.75%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-the-bank-of-englands-interest-rate-cut-mean-lower-mortgage-rates\/","url_meta":{"origin":146596,"position":4},"title":"Does the Bank of England\u2019s interest rate cut mean lower mortgage rates?","date":"November 7, 2024","format":false,"excerpt":"\r What the decision means for homeowners \u2013 and the implications for savings, loans and credit cardsBank of England cuts interest rates to 4.75%The Bank of England has cut the cost of borrowing, reducing headline interest rates from 5% to 4.75% \u2013 a move that was widely anticipated. It is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lenders-urged-to-pass-on-interest-rate-cut-to-borrowers\/","url_meta":{"origin":146596,"position":5},"title":"Lenders urged to pass on interest rate cut to borrowers","date":"August 4, 2016","format":false,"excerpt":"\r Bailed-out banks NatWest and Lloyds appear reticent to cut SVR rates despite warning from Bank of England governor Mark CarneyLenders have been told that they have \u201cno excuse\u201d not to pass on the Bank of England\u2019s base rate cut to borrowers \u2013 although the two bailed-out banks said they\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146596"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=146596"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146596\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}