Will Interest Rates Go Down In 2024 Uk. There is widespread consensus that the bank of england will cut interest rates by a quarter percentage point (0.25%) in september,. โ a july bankrate survey of 1,133 current homeowners found that 35% said they would be comfortable selling their homes this year if mortgage rates fell below 6%.
But is it better to grab one now. โ we now believe that there will be only two interest rate cuts from the boe in 2024, but think this is merely delaying the action into 2025, where we have increased.