Why Are UK Mortgage Rates Still High In 2025 Despite Base Rate Cuts? Will Mortgage Rates Go Down, Remain The Same Or Go Up In 2025? (We Need To Talk About SONIA!) #mortgagerates #homeownership #personalfinance
In this video, I explain why UK fixed-rate mortgages have been going up in 2025 even after the Bank of England reduced the base rate to 4.75% in November 2024 — a trend that's leaving many homeowners and first-time buyers confused. I break down key concepts like Bond Yields and SONIA Swap Rates, showing how these factors, along with economic concerns and global market shifts, are driving up borrowing costs
Whether you're a homeowner, renter, or first time buyer looking to get onto the property ladder, this video provides valuable insights and practical advice to help you navigate the current mortgage market and plan for 2025.
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#mortgage #mortgagerates #homeownership #home #property #flat #firstimebuyer #movinghome #buyingahome
