Mortgage Rates April 5 2024 Uk. House price predictions 2024 and 2025. Lenders are lifting rates as they respond to changing predictions about the future direction of the bank of england's benchmark rate, which dictates borrowing costs and currently stands at.

Uk mortgage rate forecast for 2024. High mortgage rates and persistent inflation meant transactions fell by a fifth last year and average prices dropped by 5% in the year to september.