Josi Lavinie

Interest Rates 2024 Uk. What’s the difference between fixed and variable. In the news, it's sometimes called the ‘bank of england base rate’ or even just ‘the interest rate’.

When interest rates rise, reflecting changes in the economy and financial markets, so too do mortgage rates—and vice versa. The applicable rpi rate is 13.5% for the period 1 september 2023 to 31 august 2024.