Just Mortgages comments on BoE MPC decision

18 December 2025

John Phillips, CEO of Just Mortgages and Spicerhaart, said:

“The central bank has delivered a festive boost for borrowers, confirming a rate cut a week before Christmas. Given the timing, we may not see an instant reaction from potential buyers or movers, but combined with the positive news on inflation yesterday, it will certainly go a long way in boosting confidence and encouraging more clients to get their plans back on track. With Boxing Day always busy for property searches, we could certainly be in for a positive start to the new year.

“Now is absolutely the time for brokers to be communicating these positive headlines to borrowers and reminding potential buyers and movers of everything the mortgage market has to offer – particularly recent activity from lenders on rates and criteria. While the signs look promising, a new year bounce is far from a given. We have to play our part in achieving this by educating clients, nurturing confidence and facilitating transactions.”