The Bank of England maintained Bank Rate at 3.75% on 30 April 2026. The next scheduled MPC announcement is due on 18 June 2026.
What is confirmed
- Bank Rate is 3.75%
- the latest published MPC decision is the 30 April 2026 hold
- the next scheduled Bank of England announcement is 18 June 2026
That is the accurate position after the April announcement. It is important to keep the latest published decision separate from the next date on the calendar.
Why the April decision matters
The April summary kept Rate at 3.75% and pointed to uncertainty around global energy prices, higher CPI inflation and the risk of second-round effects in price and wage-setting.
For borrowers, that means the backdrop is still sensitive to inflation risk even though the rate itself did not move at the last published decision.
What this means for borrowers now
If you are already on a fixed rate
The monthly payment usually stays the same until the fixed period ends. The practical job is to prepare early for the next decision point rather than treat this update as an immediate payment shock.
If you are on a tracker
There was no Bank Rate change at the 30 April 2026 decision, so the tracked benchmark itself stayed at 3.75%.
If you are comparing new deals
Bank Rate is a major benchmark, but it is not a direct price sheet for every mortgage product. The stronger comparison is still:
- deal structure
- monthly payment
- fees
- overpayment rules
- flexibility
If your own deal is ending soon
If the mortgage is close to expiry, the practical next step is not to wait for another headline. It is to:
- confirm the exact end date of the current deal
- ask the current lender what new deals are available now
- compare those with switch-lender options
- test the payment against your own budget
Use the Interest Rates Planner, Stress Test Calculator and Remortgage Planner together if the review window is already open.