Bank Rate Remains Unchanged. The Bank Rate has remained unchanged again – making it the 6th time in a row that the rate has held steady. The rate has now been stuck at 5.25% since August 2023. The reason for this is that the Bank of England uses interest rates to control inflation, so they…
This week, we’re looking at some key considerations for UK expats looking to enter the UK buy-to-let market in 2021. What’s Going to Happen to Interest Rates? The Bank of England’s base rate has been historically low for a while now and that’s something that seems set to stay. After the Coronavirus has made such…