The geopolitical tensions surrounding the Iran conflict have triggered a significant deterioration in mortgage affordability across the United Kingdom housing market. Recent data from Moneyfacts reveals that two-year fixed mortgage
Rising mortgage costs weigh on UK property market
The United Kingdom’s property market is experiencing unprecedented stress as escalating mortgage rates triggered by geopolitical tensions have created substantial headwinds for buyers and sellers alike. Data from property analytics
UK mortgage rates hit 19-month high as borrowing costs surge
UK mortgage rates have climbed sharply again, reaching their highest levels in over 19 months as global uncertainty pushes up borrowing costs.
Lenders withdraw nearly 500 mortgage deals as rates hit 5%
The United Kingdom’s mortgage market has experienced significant volatility this week, with average fixed rates breaching the 5% threshold for the first time since August 2025. This escalation reflects growing
House prices reach record high ahead of anticipated interest rate cuts
According to the Halifax house price index, the average home value rose to £293,999 in October, surpassing the previous peak of £293,507 set in June 2022.
Goldman Sachs predicts that interest rates will decrease to 3% within a year.
Goldman Sachs has given households struggling with high mortgage rates a glimmer of hope, which predicts that the Bank of England will cut interest rates more rapidly than anticipated.
Mortgage rates reduced ahead of Bank of England announcement
High street lenders, including Halifax, NatWest, and Santander, have reduced their mortgage rates in anticipation of a potential Bank Rate cut.
House prices increase for the fifth consecutive month due to more accessible mortgage options.
House prices are nearing their all-time highs, having increased for a fifth consecutive month in February. This rise is attributed to a decline in mortgage rates, which has attracted more