We’ve had a raft of recent economic announcements, a bank rate decision just yesterday and a budget in a few weeks’ time. As always, we will try and pick through it all and provide some guidance as to exactly what all this means for you and your mortgage.
From 7 August 2025 the US put a broad “reciprocal” tariff regime into effect, lifting average US tariffs to multi-decade highs and layering extra levies on sensitive sectors (cars, metals, some tech inputs).
As we move into May 2025, both central banks and mortgage lenders are making strategic moves in response to a shifting economic outlook.