Leave your feedback Share Copy URL https://eevb.net/video/tZPcOnZUpNF.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter UK mortgage rates rise as war on Iran uncertainty hits housing market [Ak5XxRLHo5F] Health Updated on August 05, 2026 EDT — Published on August 05, 2026 EDT In the United Kingdom, the war on Iran is contributing to rising mortgage rates, increasing pressure on the housing market—one of the key drivers of the British economy. The average two-year fixed mortgage rate has risen from 4.83% at the start of March to 5.66% now. Meanwhile, the average five-year fixed-rate mortgage has increased from 4.95% to 5.62%. This rise, combined with wider economic uncertainty linked to the conflict, is also affecting house prices. Lenders and estate agents report that prices fell by 0.6% in May—the fastest monthly decline in almost a year. They also predict that average UK house prices could fall by around 2% over the course of this year if conditions persist. Subscribe to our channel: Follow us on Twitter: Find us on Facebook: Check our website: Check out our Instagram page: Download AJE Mobile App: #UKHousing #MortgageRates #UKEconomy #InterestRates #HousingMarket #UKProperty #LondonHousing #BankOfEngland #RealEstateUK #EconomicOutlook #AlJazeeraEnglish MYIu00ZWBwK UtKttOFe8ui 5r4MzfiD3JX C5ea6MmL2EW 64vx3MT6N5E cvGhH0V6ZW6
In the United Kingdom, the war on Iran is contributing to rising mortgage rates, increasing pressure on the housing market—one of the key drivers of the British economy. The average two-year fixed mortgage rate has risen from 4.83% at the start of March to 5.66% now. Meanwhile, the average five-year fixed-rate mortgage has increased from 4.95% to 5.62%. This rise, combined with wider economic uncertainty linked to the conflict, is also affecting house prices. Lenders and estate agents report that prices fell by 0.6% in May—the fastest monthly decline in almost a year. They also predict that average UK house prices could fall by around 2% over the course of this year if conditions persist. Subscribe to our channel: Follow us on Twitter: Find us on Facebook: Check our website: Check out our Instagram page: Download AJE Mobile App: #UKHousing #MortgageRates #UKEconomy #InterestRates #HousingMarket #UKProperty #LondonHousing #BankOfEngland #RealEstateUK #EconomicOutlook #AlJazeeraEnglish MYIu00ZWBwK UtKttOFe8ui 5r4MzfiD3JX C5ea6MmL2EW 64vx3MT6N5E cvGhH0V6ZW6