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Finova Broker comments on today's MPC decision
18 December 2025
Matt Harrison, customer success director at Finova Broker, said:
“Affordability looks set to be a big issue for borrowers remortgaging in the next 12 months. Although interest rates are generally below 5%, they are far higher now than they were when many borrowers entered their current fixed-rate mortgage deals.
“Today’s cut should go some way to ease that affordability pressure and generate even more competition between lenders to offer the best rates. With so many mortgages due to mature next year (1.8 million forecast by UK Finance) there are plenty of deals to be had – lenders should prioritise affordability and trust that further cuts to the base rate will follow in the new year.”
