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17 days ago · Iran

UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs

UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs

What's happening

SignalsMonitor is following this as a conflict story. The Guardian Business is the outlet attached so far. The reports are tied to Iran. The first report grouped here was at 29 Sept 2026, 13:11 UTC. The headline in use is “UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs”. This note is SignalsMonitor's own briefing, not the publisher's article.

What we know

Average five-year fixed mortgage interest rate has hit 5. 94%, its highest since October 2023, says Moneyfacts Demand for UK mortgages slumped to a 32-month low in August as buyers were deterred by rising costs linked to the war in Iran.

The Guardian BusinessRead at The Guardian Business

Story timeline

Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.

Reported by 1 outlet

  • The Guardian