Bank of England base rate announcement - Martin Sims, Molo Finance

18 June 2026

Martin Sims, Distribution Director at Molo, commented:

“The Bank’s decision to hold rates feels like the most sensible outcome, given where the market is at the moment. Inflation is still above the Bank of England’s 2 per cent target, growth is not exactly racing away, and there are enough global and domestic pressures in play to make keeping a steady hand the obvious call.

“For brokers and landlords, though, a hold does not mean no change at all. The market has already had to adapt to higher funding costs, tighter affordability and a more cautious investor mindset. We are not in a place where people can just assume rents will keep rising and the numbers will look after themselves.

“That is why the broker conversation has become much more detailed. Location, tenant demand, property type, rental strength and exit strategy all carry more weight than they did. In many cases, the useful work is being done before the application even lands, in how the deal is shaped and whether the income is genuinely sustainable. And this is only likely to continue in a more settled economic environment.

“At the same time, lenders have continued to respond to improving market conditions where they can. We have seen pricing become more competitive in parts of the market over recent months, which is helping to create opportunities for brokers and investors even without a change in Bank Rate. The focus now is less on where rates move next and more on how borrowers make the most of the options available to them.”