If you’re one of 1.8 million people that have a fixed rate mortgage expiring in 2025… remain vigilant over the coming weeks to see how the banks react.

“If you’re one of 1.8 million people that have a fixed rate mortgage expiring in 2025… remain vigilant over the coming weeks to see how the banks react.”

“We expect to see a base rate reduction on Thursday, but the only question is whether it will be a 0.25% cut or half a percent. With the current rate at 4.50% this could place it at 4.25% or even 4.00% - either would be a welcome change to homeowners and first-time buyers.

“What does this mean for those looking to buy or if you’re one of 1.8 million people that have a fixed rate mortgage expiring in 2025? Remain vigilant over the coming weeks to see how the banks react.

“Should the Bank of England make the reduction that most are expecting, better mortgage deals should arrive shortly and you will need your mortgage advisor primed and ready to secure these.”

“Lenders have been reducing fixed rates over the last couple of weeks and there are now many options at 4.00% or just below for both 2 and 5 year fixes for those seeking lower loan-to-value mortgages, at 60% or below. A reduction tomorrow will likely give mortgage lenders further impetus to trim back rates.

“This softening in rates coupled with the recent drive from government to enhance mortgage borrowing multiples will add stimulus to the housing market. For example, the Halifax estimated that a typical customer could now raise an additional 13% of mortgage.

What would a rate drop mean for businesses?

“Businesses will also be relieved by a further drop in rates as many of them operate on variable rates either via overdrafts, revolving credit or invoice financing facilities. They will also consider the cost of finance and the economic environment before making major investment decisions. Whilst the interest rates may be heading downwards, the wider business environment remains uncertain, pushing against the headwinds of Trump’s tariff policy.”

Ends

Editors notes

Founded in 2012, Ashbridge Partners offers exceptional financing advice to entrepreneurs, private residential, real estate owners and family businesses, as well as landed estates. With offices in the Cotswold, Stow-on-the-Wold, and London, Mayfair, the finance firm is dedicated to helping clients achieve their financial objectives and goals through independent, strategic and impartial advice in a range of areas including mortgages, commercial loans, refinance, funding applications or early-stage start-up funding.

An ethos of collaboration at the heart of everything the team does, Ashbridge Partners provides a bespoke approach building on relationships with clients and industry partners including highly regarded lawyers, accountants and lenders in the banking industry.