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Mmastodon BusinessReal Estate first seen 5 h ago, last 4 h ago, peak #4

UK mortgage demand falls to 32-month low amid Iran conflict

Original: UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs https://www. theguardian.com/money/2026/s

Demand for mortgages in the United Kingdom has fallen to its lowest level in 32 months, according to a Guardian report. The decline is being linked to rising borrowing costs, which have been pushed up by the war involving Iran and its impact on financial markets and interest rate expectations. The development adds pressure on the UK housing market and household finances.

Why now: The Iran conflict is driving up borrowing costs, worsening an already strained UK housing market.

United KingdomIranThe Guardian

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