Read all of the latest Bank of England news below!
Enforcement inquiry follows insolvency and freezing order against MFS founder
Average two- and five-year fixed rates surge as swaps reach highest levels since early 2025
Lender reprices multiple LTV bands across residential and BTL, including energy-efficient home products
Mortgage brokers say rates are already shifting as swap volatility returns, with lender repricing continuing despite base rate stability
Rate call reflects caution over oil-driven inflation shock from the Middle East conflict
Swap markets and energy prices shape a more cautious rest-of-year outlook
Analysts now see slower gains and stronger rent growth, with affordability easing only modestly for first-time buyers
Global tensions also push pricing higher, with average two- and five-year fixed rates now above 5%
Geopolitics and weak growth complicate the path to lower rates
Fixed rates below 4% set to vanish as lenders continue to reprice