The Bank of England's Monetary Policy Committee has today voted by a majority of 5–4 to reduce the base rate to 4% - financial experts say it is a huge boost to borrowers, mortgage holders and, perhaps surprisingly, the Pound.

Financial experts react as Bank of England cuts base rate to 4% - what it means for your money

In a few months’ time, a first-time buyer could go from paying no stamp duty on a £425,000 home to £6,205. Can they still get in under the wire?

How much will stamp duty cost first-time buyers from April?

Mortgage Advice Bureau (MAB) is one of the UK’s leading consumer intermediary brands and specialist appointed representative networks for mortgage intermediaries, winning more than 300 awards for the quality of its advice and service. MAB has more than 2,000 advisers offering expert mortgage, protection and general insurance advice on a local, regional, and national level to consumers, both face to face and over the phone. MAB’s proposition is aimed at supporting high quality and ambitious mortgage adviser firms to deliver the best outcomes for their customers through the provision of proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions. MAB handles more than £30bn of loans annually and is listed on the Main Market of the London Stock Exchange.

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