{"id":148028,"date":"2024-11-07T20:27:41","date_gmt":"2024-11-07T13:27:41","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-the-bank-of-englands-interest-rate-cut-mean-lower-mortgage-rates\/"},"modified":"2024-11-07T20:49:34","modified_gmt":"2024-11-07T13:49:34","slug":"does-the-bank-of-englands-interest-rate-cut-mean-lower-mortgage-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-the-bank-of-englands-interest-rate-cut-mean-lower-mortgage-rates\/","title":{"rendered":"Does the Bank of England\u2019s interest rate cut mean lower mortgage rates?"},"content":{"rendered":"<p>&#013;<br \/>\nWhat 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 the second interest rate cut this year. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2024\/nov\/07\/bank-of-england-interest-rate-cut-lower-mortgages-savings-loans-credit-cards\" target=\"_blank\" rel=\"noopener\">Does the Bank of England\u2019s interest rate cut mean lower mortgage rates?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; What the decision means for homeowners \u2013 and the implications for savings, loans and credit&#46;&#46;&#46;<\/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-148028","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-Cvy","jetpack-related-posts":[{"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":148028,"position":0},"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 &quot;Property News&quot;","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":148028,"position":1},"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 &quot;Property News&quot;","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":148028,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-what-it-could-mean-for-savers-and-mortgage-holders\/","url_meta":{"origin":148028,"position":3},"title":"UK interest rate rise \u2013 what it could mean for savers and mortgage holders","date":"September 15, 2017","format":false,"excerpt":"\r The Bank of England has hinted the first rate rise in almost a decade is now likely, and soon. So how much will it cost?A member of the Bank of England\u2019s rate-setting committee has fuelled speculation that interest rates could rise as soon as November. Gertjan Vlieghe put forward\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lending-strengthens-despite-bank-of-england-base-rate-warning\/","url_meta":{"origin":148028,"position":4},"title":"Mortgage lending strengthens despite Bank of England base rate warning","date":"October 14, 2021","format":false,"excerpt":"\r Mortgage lenders continuing to offer lower interest rates amid price war sparked by stamp duty tax cutA mortgage price war that has brought the cost of monthly payments down over the last year is expected to continue until at least next month despite warnings that lenders\u2019 profit margins could\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brits-snap-up-lower-mortgage-deals-as-bank-of-england-rate-cut-boosts-property-market\/","url_meta":{"origin":148028,"position":5},"title":"Brits snap up lower mortgage deals as Bank of England rate cut boosts property market","date":"August 20, 2024","format":false,"excerpt":"\r Britain's\u00a0biggest high street lenders are continuing to slash borrowing costs after the Bank of England's first\u00a0interest rate cut in four year sparked a boom in homebuyer activity.\r \r Source : cnbc.com\r Read more...Brits snap up lower mortgage deals as Bank of England rate cut boosts property market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148028"}],"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=148028"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148028\/revisions"}],"predecessor-version":[{"id":148029,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148028\/revisions\/148029"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=148028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=148028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=148028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}