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Mortgage Interest Rates 2024 Uk Government. Could a general election change this? Britain has a new government and prime minister.

With a new government in post, inflation at its target 2%, and the bank of england seemingly on the brink of cutting interest rates, the outlook for mortgage borrowers is the most promising. While it’s not possible to make accurate uk mortgage rate predictions for the next 5 years, the office for budget responsibility has forecast that mortgage rates on average are expected to.