The decision
The Bank of England maintained Bank Rate at 3.75% at its meeting ending on 16 September 2026. The decision was published on 17 September. Six Monetary Policy Committee members supported holding the rate; three preferred an increase to 4%.
Reading the headline
Bank Rate can influence borrowing costs, but it is not a mortgage product rate or an offer available to an individual borrower. The effect on an existing mortgage depends on its terms.
When checked on 25 October 2026, the Bank’s website listed 5 November 2026 as the next scheduled decision. That date is a calendar item, not a forecast of what the committee will decide.
For the latest position, check the Bank’s own announcement before relying on this dated summary.
Sources and further reading
Sources checked on 25 October 2026. This is a dated news summary and may be superseded by later announcements or revisions. General information only; this article is not a personal mortgage recommendation.