Develop North PLC Fund Data

The first nine months of the financial year have seen the base rate decrease to 4.0% after a narrow vote to hold them at that level at the November 2025 meeting. Market consensus is that rates will continue to fall during 2026 with Capital Economics forecasting a drop to 3.0%. September 2025 inflation figure showed CPI at 3.8%, unchanged from July and August 2025. The Bank of England believe inflation has now peaked and will gradually fall back in 2026 before settling at the target 2% range in 2027. Year on year house prices are up by 1.9% across the country (Halifax House Price Index September 2025).

The first nine months of the financial year have seen the base rate decrease to 4.0% after a narrow vote to hold them at that level at the November 2025 meeting. Market consensus is that rates will continue to fall during 2026 with Capital Economics forecasting a drop to 3.0%. September 2025 inflation figure showed CPI at 3.8%, unchanged from July and August 2025. The Bank of England believe inflation has now peaked and will gradually fall back in 2026 before settling at the target 2% range in 2027. Year on year house prices are up by 1.9% across the country (Halifax House Price Index September 2025).