If your deal doesn’t stack up today, it may not stack up for the foreseeable future.

The Bank of England cut its base rate by 25 basis points to 3.75% Thursday. But it also signalled that there may not be many more cuts left to come.

Bank Governor Andrew Bailey said it was mathematically likely that interest rates are close to their “neutral rate” — when interest rates cause inflation to neither rise nor fall. The Bank’s mandate is to keep inflation as close to 2% as possible.

Inflation dropped more than expected last month, to 3.2%, data released on Wednesday showed, but the vote to drop interest rates was still very close — members of the Bank’s Monetary Policy Committee voted 5-4 to cut rates.

Those voting to hold steady said they worried wage inflation is still proving persistent and would keep inflation higher for longer.

Falling interest rates are hugely beneficial for real estate because property is more attractive for investors when debt is cheaper.

Financial markets are factoring in one more interest rate cut next year.

Shares in listed companies in the sector remained broadly flat on news of the cut, with the FTSE 350 Real Estate Index rising by 0.75%.