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Interest Rates Are Soaring... How High Will They Go?!The Bank of England has cut the base rate from 5% to %. Here's what it means for your mortgage and savings. Whether you're a first time buyer or looking to remortgage, we offer a range of mortgage rates designed to suit everyone. Find out more today. Our SMR will be %, following the base rate change on Thursday 7 November Our BMR will remain unchanged at %.