A wave of lenders had already increased their mortgage rates ahead of the Bank of England's interest rate decision. Instead of following the base rate, mortgage rates are heavily influenced by Sonia swap rates, which track future interest rate expectations. There are already many accounts that can beat the 3.75 per cent Bank of England base rate. You can find the best easy-access savings rates using This is Money's savings rate tables, which are updated daily. The average easy-access savings rate of 2.56 per cent is also below the 2.6 per cent rate of inflation.