INTEREST RATES HELD AT 3.75%

Thursday February 5, 2026

 

The Bank of England has today confirmed that interest rates remain unchanged at 3.75%, holding steady from the last decision on 18 December 2025.

It might not sound dramatic, but for the property market, this kind of consistency really matters.

 

Why This Actually Helps

After a long period where rates seemed to move every few months, people are tired of guessing. A repeated rate hold sends a clear message: things are settling.

Buyers can plan. Sellers can price sensibly. Lenders can compete. And the market can function without constant hesitation.

That’s exactly what we’re seeing on the ground.

 

Buyers Are Moving From “Wait and See” to “Let’s Go”

Many buyers didn’t stop wanting to move – they just didn’t want surprises. With the base rate now unchanged since December, confidence is building that borrowing costs are no longer on a rollercoaster.

Mortgage rates aren’t ultra-low, but they’re far more predictable, and that predictability is what gets deals done.

 

Sellers: Serious Buyers Are Out There

For sellers, this is good news. Buyers viewing now tend to be informed, mortgage-agreed and ready to proceed. Homes that are priced correctly and presented well are still attracting strong interest.

In short, this is a far healthier environment than one driven by panic or uncertainty.

 

Landlords and Investors

Rental demand remains strong, and with rates no longer rising, landlords are feeling more confident about refinancing, holding or selectively expanding portfolios. Stability always favours long-term investors.

 

Our View at Auckland Estates

From our perspective, this latest rate hold reinforces what we’re already experiencing day to day: the market hasn’t stopped – it’s simply adjusted.

Good homes are selling. Buyers are realistic. Sellers who take the right advice are achieving solid results.

If you’re considering a move, this isn’t about trying to time the market perfectly. It’s about understanding where you stand and making a confident, informed decision.

If you’d like an honest, no-pressure chat about your options, the team at Auckland Estates are always happy to help.