Nathan Scola Mortgage and Protection Consultant

https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate

Interest rates and Bank Rate: our latest decision Bank Rate affects other interest rates in the economy – we use this as a tool to keep inflation stable

https://www.bbc.co.uk/news/live/clyv9w91g85t

Interest rates live: Bank of England holds rates at 3.75% Three of the Monetary Policy Committee's nine members voted in favour of raising rates to 4% over fears of inflation caused by conflict in the Middle East.

https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate

Published on 18 June 2026

The Monetary Policy Committee is responsible for maintaining monetary stability by keeping inflation low and stable. It meets eight times a year to decide what level of Bank Rate is needed to return inflation to – or keep it at – the 2% target over time.

Key points:

we have held Bank Rate at 3.75%
war in the Middle East has disrupted the transportation and supply of energy, raising its price and pushing up households’ motor fuel costs and utility bills; prices have fallen since the initial spike but the war makes it hard to predict what is going to happen with them
inflation has fallen to 2.8% but we expect it to go up again as the energy price rises have their knock-on effects; higher bills could force businesses to increase their own prices to cover the cost; workers may ask for higher wages as their bills have also gone up; the impact on the economy and inflation will depend on how long energy prices stay raised
demand for workers isn’t very high right now, so employers may feel less pressure to increase salaries; and interest rates are still higher than before the war broke out; this could contain the effects of the energy price rises and help reduce inflation over time
monetary policy cannot affect global energy prices; our job is to make sure that higher inflation does not persist and have long-lasting effects on the economy
we are monitoring the situation very closely; whatever happens, we’ll make sure that inflation gets back to the target in the medium term

Interest rates and Bank Rate: our latest decision Bank Rate affects other interest rates in the economy – we use this as a tool to keep inflation stable

If you work for yourself, you can apply for income protection. This covers you if you become ill or are unable to work due to an injury. You could receive a pay out of up to approx. 65% of your average income each month. This is usually tax-free.

Give us a call or drop us an email to discuss your income protection needs
Tel - 07958026813
email - [email protected]

The mortgage market is vast and with over 200 lenders and providers alone, each with various products available, it can be a minefield trying to unpick it all and find a deal most suitable for your needs.

Mortgage advisers have gone through ample training and experience in order to best understand the products available and how they fit your needs.

If you’d like to speak to a qualified adviser today, get in touch today. 07958026813
[email protected]

YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

A FEE MAY BE CHARGED FOR MORTGAGE ADVICE. THE EXACT AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.

🏠 Did You Know? The average person could save thousands over the life of their mortgage by simply reviewing their deal every few years. Interest rates and mortgage products change, and the most suitable deal you had previously, might not be the most suitable now! Don’t leave money on the table. 💸

Get in touch with us today to see if you could save on your mortgage! 07958 026813 📞

Think carefully about securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. You may be charged a fee for mortgage advice.

Hello, "Big news! You can now find me on Instagram for all things mortgages and protection. 🔑 Follow along: www.instagram.com/nathanscolamortgageconsultant

The Bank of England have held Bank Rate at 3.75%

https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate

More doors opening for buyers without permanent UK residency 🏡🔑

We’re seeing positive changes from some lenders that make buying a home in the UK more accessible if you live and work here but don’t yet have permanent rights to reside.

Here’s what’s recently changed 👇

✨ Lower deposit options
Some lenders are now accepting deposits from 15%, rather than requiring much higher upfront costs.

✨ More flexible deposit sources
Deposits can now follow standard policies; including gifted deposits and builder incentives.

✨ Expanded visa acceptance
More Visa types are being considered for buyers without permanent residency.

✨ Clear income and residency criteria
Applicants typically need:
• A sole income of £50,000+ or joint income of £75,000+
• At least 12 months’ UK residency
• A minimum of 18 months remaining on an acceptable visa

📌 Criteria still applies, and lender rules can vary, which is exactly why having an adviser who understands these changes is so important.

If you’re buying in the UK and unsure where you stand, message us to talk through your options and see what’s now possible.



Your home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. There may be a fee for mortgage advice, the exact amount will be based on your circumstances.

🏡 Have you moved back home to save?

New research indicates that nearly half of young adults (49% of those aged 18 to 44) have moved back into their parents’ homes in recent years as the cost of living continues to bite.*

Rent, bills and everyday expenses are making it harder to save and for many, moving home is the only way to build a deposit!

If that’s you, you’re not alone.

But here’s the important bit 👇

Moving home can be a strategy — not a setback. With the right plan in place, that time can be used to:

✔ Boost your deposit
✔ Improve your credit profile
✔ Understand what you can realistically borrow
✔ Set a clear timeline to buy

As a mortgage adviser, I’m having more and more of these conversations. The earlier you get advice, the stronger your position will be when you’re ready.

Thinking about buying in the next 1–3 years?
📩 Drop me a message and let’s put a plan together.



Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. There may be a fee for mortgage advice, the exact amount will be based on your circumstances.