Mortgage warning as banks pull almost 700 deals as Iran war escalates
Business
Banks and lenders have pulled almost 700 mortgage deals as the Middle East war continues to escalate - with hardly any sub-4% rates remaining, according to Moneyfacts. Mortgage rates are rising again due to the conflict in Iran and the fears that this could push up UK inflation, thereby potentially having a knock-on effect on interest rates. The latest data from Moneyfacts shows there were just nine fixed-rate deals with rates below 4% on the market on Tuesday morning – down from 490 deals on
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