Mortgage Interest Rates 2024 Forecast Uk In India. The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to. In this article, we explore the uk interest rate forecast for the next five years, considering the uk’s economic outlook, the boe's policy stance, the global context and latest.

The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to. The nationwide uk index topped out at 2.3% in january before falling as mortgage rates began to climb.