Bank of England Cuts Interest Rates to 4.5% – What It Means for You - Clear Finance | Financial Services based in Doncaster

The Bank of England has reduced interest rates to 4.5%, signaling a shift in economic policy amid slower-than-expected UK growth. But what does this mean for you?

Mortgage Holders: If you’re on a variable or tracker mortgage, you could see lower repayments. Fixed-rate mortgage deals may also become more competitive in the coming months.

First-Time Buyers & Homeowners: Lower interest rates could make borrowing more affordable, presenting opportunities for those looking to step onto or move up the property ladder.

Businesses & Investments: A reduced growth forecast highlights economic uncertainty. Now is the time to review financial protection and ensure you have the right cover in place for stability.

Time to Review Your Finances? Whether you’re considering refinancing, protecting your income, or securing your family’s future, expert financial advice can help you make informed decisions.

Speak to Clear Finance today for guidance on navigating these economic changes

For more information about our Mortgage Services and products in Doncaster call 01302 835938

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