{"id":149406,"date":"2025-02-06T20:35:44","date_gmt":"2025-02-06T13:35:44","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-bank-of-england-interest-rate-cut-mean-for-mortgages-and-savings\/"},"modified":"2025-02-07T00:40:14","modified_gmt":"2025-02-06T17:40:14","slug":"what-does-the-bank-of-england-interest-rate-cut-mean-for-mortgages-and-savings","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-bank-of-england-interest-rate-cut-mean-for-mortgages-and-savings\/","title":{"rendered":"What does the Bank of England interest rate cut mean for mortgages and savings?"},"content":{"rendered":"


\nDecision 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% to 4.5% \u2013 the lowest level since June 2023. Continue reading…
\n
\nSource : theguardian.com
\nRead more…What does the Bank of England interest rate cut mean for mortgages and savings?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Decision will lead to lower borrowing costs for those on trackers \u2013 but fixed-rate deals...<\/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-149406","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-CRM","jetpack-related-posts":[{"id":21386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-good-news-for-mortgages-bad-news-for-savers\/","url_meta":{"origin":149406,"position":0},"title":"Interest rate cut: good news for mortgages, bad news for savers","date":"July 30, 2016","format":false,"excerpt":"\r If the Bank of England cuts rates to 0.25%, it will benefit home-buyers, but once again savings will be hitThose with large tracker mortgages can prepare to break out the prosecco. If you rely on savings income, it\u2019s more brown ale for you \u2013 or even water.Next week the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-interest-rate-cut-mean-for-mortgages-and-savers\/","url_meta":{"origin":149406,"position":1},"title":"What does interest rate cut mean for mortgages and savers?","date":"March 11, 2020","format":false,"excerpt":"\r There will be gain for some consumers but pain for others after the Bank of England\u2019s decisionThe emergency 0.5% rate cut by the Bank of England in the midst of the coronavirus outbreak will mean monthly savings for householders with tracker mortgages but more pain for savers as interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146596,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-bank-of-england-interest-rate-cut-affect-my-finances\/","url_meta":{"origin":149406,"position":2},"title":"How will Bank of England interest rate cut affect my finances?","date":"August 1, 2024","format":false,"excerpt":"\r From 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise\/","url_meta":{"origin":149406,"position":3},"title":"1.5m UK homeowners on variable rate mortgages face new borrowing rise","date":"May 11, 2023","format":false,"excerpt":"\r Bank of England expected to push interest rates up to 4.5% to tackle high inflation rateAlmost 1.5 million homeowners with variable rate mortgages face higher borrowing costs with the Bank of England expected to push up interest rates on Thursday to 4.5%.A poll of City analysts found there was\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":149406,"position":4},"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":133016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-interest-rate-rise-what-it-means-for-borrowers-and-savers\/","url_meta":{"origin":149406,"position":5},"title":"Bank of England interest rate rise \u2013 what it means for borrowers and savers","date":"December 15, 2022","format":false,"excerpt":"\r Rate rise to 3.5% affects everything from mortgages to credit cards, loans and savings. Here is all you need to knowAnalysis: UK borrowers face a serious reality checkNews story: interest rates rise to 3.5%The Bank of England has once again raised interest rates \u2013 this time by 0.5 percentage\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\/149406"}],"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=149406"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149406\/revisions"}],"predecessor-version":[{"id":149407,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149406\/revisions\/149407"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}