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1,500 mortgage products pulled as Middle East conflict sends UK rates soaring | The latest National and International News
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1,500 mortgage products pulled as Middle East conflict sends UK rates soaring | The latest National and International News
Higher mortgage pricing ‘is likely to build on existing affordability pressures,’ Moneyfacts said (Anthony Devlin/PA Archive) Anthony Devlin Buyer enquiries in the UK housing market fell 13 per cent in March compared to a year ago, as escalating conflict in the Middle East triggered a surge in mortgage rates and market uncertainty. Nearly 1,500 residential mortgage products were withdrawn from the market since early March, a contraction of almos…
BTL fixed rates soar as Middle East conflict continues: Moneyfacts
Buy-to-let (BTL) fixed mortgage rates are soaring due to unrest in the Middle East, Moneyfacts reveals. The latest data from Moneyfacts shows that the average two-year rate is at its highest level for a year at 5.29% as of 26 March and the five-year rate…The post BTL fixed rates soar as Middle East conflict continues: Moneyfacts appeared first on Mortgage Strategy.
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