Mortgage brokers predict just two base rate cuts over 2025
February 24, 2025
1 minute read
Mortgage brokers are only expecting two more interest rate cuts over 2025 following the release of higher-than-expected inflation data.
During a webinar, Landbay polled 105 mortgage intermediaries on their view of the interest rate situation, asking “how many 0.25 per cent base rate cuts do you now expect to see this year?”.
It found 54 per cent thought there would be two more cuts this year.
Meanwhile, only 14 per cent of those polled thought three more cuts before the end of 2025 was still realistic and 26 per cent forecasted one more cut.
A particularly pessimistic 4 per cent of brokers thought there would be no more cuts at all and that the base rate would still be 4.5 per cent at the end of the year.
