The Bank of England (BOE) has announced that the base rate will remain at 4%, marking the second month in a row without change. This steady approach was widely expected as the Monetary Policy Committee waits for more evidence that inflation is easing before cutting rates again.
As leading estate agents in Wentworth and Virginia Water, we always remind our clients that staying informed about economic updates helps them make the right decisions when buying or selling property. Understanding how changes to the base rate affect mortgage rates can help you prepare for your next move with confidence.
If you are considering buying or moving in the area, explore our Properties for sale in Wentworth Estate, Properties for sale in Virginia Water and the surrounding areas. If you have any questions, you can also visit our award-winning website or call us on 01344 843000 and email us.
What the base rate decision means for your mortgage
The decision to hold the base rate at 4% gives homebuyers a sense of stability. Although some expected another cut this month, the pause means that borrowing costs will stay predictable for now, making it easier to plan ahead.
Over recent weeks, several lenders have launched more competitive fixed-rate mortgage products. This is good news for buyers hoping to secure a home before the end of the year, as affordability has slightly improved compared to earlier in 2025.
If you’re thinking of buying soon, this could be a smart time to review your mortgage options. Locking in a suitable rate early can help protect you from future changes.
How this affects the Wentworth and Virginia Water property market
For the Wentworth and Virginia Water property markets, the decision to hold rates steady supports buyer confidence. Both areas continue to see strong demand for luxury family homes, particularly where properties are well-presented and realistically priced.
Stable lending conditions also help buyers take more time to arrange finance and make considered decisions. Sellers, in turn, benefit from more reliable interest and smoother transactions. With the festive season approaching, we expect the local market to remain active as motivated buyers aim to complete purchases before the end of the year.
Looking ahead to 2026
Financial markets still anticipate a further base rate cut before the end of the year, depending on how inflation and the Autumn Budget unfold. Should inflation continue to fall, a modest rate reduction in early 2026 could help further improve mortgage affordability.
For now, holding the base rate at 4% brings welcome reassurance. Stability supports both buyers and sellers, allowing the property market in Virginia Water and Wentworth to maintain steady momentum as the year draws to a close.
Thinking about buying or moving?
If you’re planning to buy a home in Virginia Water, move within the Wentworth Estate, or explore property investment opportunities locally, our knowledgeable team is here to help.
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If you’re thinking of moving to the area, make sure to take a look at our latest Properties for sale in Wentworth Estate, Properties for sale in Virginia Water . If you’d like to speak to someone, a member of our expert team would be happy to help. You can call us on 01344 843000 or email us.
Ready to sell your Virginia Water or Wentworth property? Call us on 01344 843000 or email us for expert advice on selling your home in Virginia Water, Wentworth, or the surrounding Surrey areas. You can also request a free property valuation via our website here.
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