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29.05.26 - 07:36
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′It feels unfair′: the Britons struggling to get a mortgage since Iran war began (The Guardian)
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Whether first-time buyers, in between homes or refixing, people tell of impact of higher mortgage rates on housingProspects of cuts in UK interest rates in 2026, which were widely expected at the start of the year, were rapidly extinguished when the Iran war started at the end of February. The renewed threat of inflation means the Bank of England is now expected to raise rates at least once this year, with mortgage costs staying higher for longer.The boss of Britain's largest housebuilder said on Thursday it was the most challenging time to be a first-time buyer since the 2008 financial crisis. Continue reading......
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14.05.26 - 01:12
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Housing market in England and Wales weakening due to Iran war, say estate agents (The Guardian)
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Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on propertiesFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading......
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09.05.26 - 12:30
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UK house price growth halved as Iran war fallout hits housing market (The Guardian)
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Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth owing to the conflict in the Middle East.Halifax, which is part of Lloyds – Britain's biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading......
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19.04.26 - 08:06
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Hong Kong property may see uptick in ′safe haven′ demand as Iran war rattles Dubai market (SCMP)
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The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the second of a three-part series, we look at Hong Kong's position as a stable base where demand for property has held firm despite the global turmoil.
Hong Kong's property market is showing early signs of renewed safe haven demand, with a surge in luxury......
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12.04.26 - 08:06
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′We′re trapped′: despair for sellers as Iran war knocks confidence in UK housing market (The Guardian)
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Estate agents say rising mortgage costs have created a mood of fear, with Canterbury among the cities being hitHave you lost a mortgage deal or seen your rate rise?On a warm, spring morning in Canterbury, the cobbled streets are buzzing with activity and the white Tudor houses gleam in the sun.It is a scene that seems far removed from events in the Middle East, but the conflict is undermining business and consumer confidence – rattling the city's housing market just as the spring selling season began. Continue reading......
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