Movera comments on today's MPC decision
05 February 2026
Nick Hale, CEO at Movera, commented:
“This hold on the base rate aligns with the caution expected from the Bank of England, following the latest cut to 3.75% in December. It is clear the MPC is still concerned with measures to reduce inflation in the long term after it rose slightly to 3.4% at the end of last year, especially when wages are set to keep growing.
“Nevertheless, Rightmove recently announced that February is the best month to list a house and successfully find a buyer, and this won’t have gone unnoticed by consumers, many of whom will be keen to take advantage of mortgage rates announced the wake of the last MPC rate cut. At Movera we are committed to helping brokers and conveyancers keep up with the pace of these transactions and make property sales more efficient for all parties involved.”
