11 resultsfor “impact of Iran war on UK mortgage rates”
UK economy The bosses of Britain’s “big five” retail banks have been summoned to a meeting with the chancellor, [Rachel Reeves](https://www.theguardian.com/politics/rachel-reeves), this week to discuss how to limit the economic impact
impact on borrowers and savers, as well as the investment and hiring decisions of businesses. Upheaval created by the war in Iran has pushed up the cost of mortgages for homeowners getting a new fixed
mortgage costs and higher food and fuel prices amid a continued cost-of-living crisis. Luke Bartholomew, deputy chief economist at fund manager Aberdeen, said the UK economy is “particularly badly exposed to the Iran
Iran war changed that. Although the Bank [held rates this month](https://www.bbc.co.uk/news/articles/cg7p89mp2rjo), it has signalled that rises could come later this year. Because of "uncertainty around the severity and duration" of the war
Iran war, Rachel Reeves is considering whether to ban landlords in England from increasing rents for a limited period of time, [the Guardian revealed](https://www.theguardian.com/politics/2026/apr/27/rachel-reeves-considering-rent-freeze-to-limit-iran-war-fallout) on Monday night. Shares
impact of the Iran war. The Bank’s rate-setting monetary policy committee (MPC) voted to leave borrowing costs on hold at noon on Thursday, after its latest rate-setting meeting. The vote
impact of Middle East conflict House price growth in the UK has surprised estate agents and economists by jumping in April at the fastest annual pace in 11 months, according to [Nationwide](https://www.theguardian.com/business/nationwide).
UK inflation, as measured by the consumer prices index (CPI), [rose to 3.3% in the year to March](https://www.bbc.co.uk/news/live/cre1rwz3019t?post=asset%3A6ad659e3-fa67-447e-92cd-2c1d12e3d310#post) - up from 3% in the 12 months to February - after the Iran war caused
Iran war, which has helped push up the cost of mortgage deals and means that many people taking out a mortgage face paying hundreds or even thousands of pounds more than before the conflict
mortgages and household budgets that they are willing to consider exceptional measures. With Labour braced for heavy losses at the local elections, Keir Starmer looking vulnerable as prime minister and economists predicting a surge
impact on economically poorer countries. Iraq is not shipping or producing oil, which is normally responsible for 85% of revenues. Bangladesh, with significant household needs for gas for cooking, is cut off from Middle East