Comment from TwentyCi on Bank of England's interest rate decision
19 March 2026
Colin Bradshaw, CEO at TwentyCi, says:
“The Bank of England’s decision to maintain the base rate at its current level was widely expected and reflects a cautious strategy in the current uncertain climate. The ongoing volatility in the Middle East has undoubtedly added a layer of complexity and the Bank is likely wary of cutting too soon and risking an inflationary rebound that could undo the progress made over the last year.
“While buyer demand remains resilient, the lack of a downward move does not increase the affordability needed to unlock the next level of transaction volumes. We expect the market to remain stable, but the anticipated spring surge may be more of a steady trickle until the path to lower rates becomes clearer.”