The UK’s property market has been handed a “welcome boost” in homebuyer activity following recent actions from the Bank of England. Earlier this month, the central bank’s Monetary Policy Committee (MPC) narrowly voted to cut interest rates from a 16-year high. The base rate was reduced from 5.25 per cent to five per cent in a sign of much-needed relief for mortgage holders and those trying to get on the property ladder. Notably, real estate agents have witnessed a 19 per cent rise in the number of people contacting them about homes for sale since August 1, compared with the same period in 2023…