Foxtons sees limited housing market impact from UK base rate rise to 4%

By Public Technologies
  • Foxtons' November 5, 2026 analysis expects limited housing-market impact from the Bank of England's base rate increase to 4%.
  • Most fixed-rate mortgage deals already reflect the expected increase through swap rates; existing mortgage offers retain their rates.
  • Average two-year fixed mortgage rates reached 5.55% in October, up from 4.25% in February, according to Rightmove figures cited.
  • Homes for sale across Great Britain reached their highest October level since 2014, giving buyers more choice amid reduced competition.
  • Lower mortgage rates could draw more buyers into the market, increasing competition; winter buyers remain highly motivated.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foxtons Group plc published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.

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