UK Banks Slash Mortgage Rates Before Key Bank of England Vote — Analysts Predict Shock 0.25% Cut

Bank of England set to decide on interest rates during November 2025 MPC meeting (Credit: Google)

The Bank of England's (BOE) official bank rate remains at 4%, but a change is anticipated following the Monetary Policy Committee (MPC) meeting scheduled for 6 November 2026. In a strategic move ahead of this pivotal decision, several of the UK's major banks have already begun slashing mortgage rates, sparking what analysts are calling a 'mortgage war'.

Banks Jump the Gun with Rate Cuts