MORTGAGE lenders have swiftly reduced their rates following the Bank of England’s decision to lower the base rate to 4.5% this afternoon. This move is set to benefit thousands of borrowers,

Bank of England cuts UK interest rates in boost for mortgage holders - Experts had predicted the Bank of England would cut the UK’s base interest rate, which currently sits at 4.75 per cent, to 4.5 pe

The Bank of England base rate can affect everything from your mortgage to the rates applied to credit cards - we round up everything you need to know following the latest announcement