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The Bank of England recently cut the cost of borrowing by reducing the base rate by a quarter of a point from 4.5% to 4.25%.
A rate cut may seem like just a small shift, but its effects can be wide-reaching. Whether you’re a homeowner considering refinancing, a first-time buyer eyeing the market, a landlord managing your margins, or a saver trying to preserve value, understanding the implications is key.
Wondering what this means for mortgages and savings? We’ll…
