UK Mortgage Rates May Rise Again Amid Iran War
UK households face potential mortgage rate hikes as Middle East tensions and inflation rise. Experts warn of 'limbo' for borrowers.
UK households face potential mortgage rate hikes as Middle East tensions and inflation rise. Experts warn of 'limbo' for borrowers.
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A UK minister warns that prices will remain elevated for at least eight months after the Iran war ends, citing supply chain disruptions via the Strait of Hormuz.
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