UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs
Average five-year fixed mortgage interest rate has hit 5.94%, its highest since October 2023, says Moneyfacts Business live – latest updates Demand for UK mortgages slumped to a 32-month low in August as buyers were deterred by rising costs linked…
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ImpactNotable 53/100
Why it mattersRule-based estimate: event keywords (+16); trust 8/10.
RegionsUnited Kingdom
Published2 h ago (Tue, 29 Sep 2026 13:11:43 GMT)
RetrievedTue, 29 Sep 2026 14:00:56 GMT via rss
ClassifiedTue, 29 Sep 2026 14:01:17 GMT by heuristic
AuthorGraeme Wearden