A leading analyst has predicted that interest rates could fall to 2.75% by the end of summer as rising unemployment puts pressure on the Bank of England, a finance expert has predicted.

After four cuts last year reduced the base rate to 3.75%, Bill Papadakis of Swiss lender Lombard Odier expects the Monetary Policy Committee to implement deeper reductions in 2026.

He is predicting that interest rates will fall to 2.75% by the end of summer.

If it pans out, it will be much welcomed news for property owners; both home owners and landlords. It may be a bit of light at the end of the tunnel for rising rent prices too as it would take some financial pressure off landlords. 

Let's check in on this story again in six months and see if the prediction is right....

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