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Evening Standard
Evening Standard
Vicky Shaw

Homebuyer caution expected this autumn despite base rate hold

Housing Market Bank of England Savills
Home buyers can take confidence from the housing market’s resilience so far this year, Savills said (Aaron Chown/PA) - (PA Wire)

Homebuyers are expected to show caution in the months ahead, despite the Bank of England base rate being left unchanged on Thursday.

The base rate was held at 3.75%, but experts pointed to rises in fixed mortgage rates in recent weeks and a “price sensitive” housing market where buyers are being mindful of their costs.

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