Approvals reach peak: April saw 65,945 UK mortgage approvals, the highest since January 2025, surpassing forecasts despite rising rates and economic uncertainty.
Rates and conflict: Mortgage rates spiked after the Iran war began in February, dampening sentiment and contributing to falling house prices in recent months.
Future outlook split: Some economists see the surge as temporary, driven by rate-lock timing, while others note potential resilience if inflation and oil prices ease.
Rates and conflict: Mortgage rates spiked after the Iran war began in February, dampening sentiment and contributing to falling house prices in recent months.
Future outlook split: Some economists see the surge as temporary, driven by rate-lock timing, while others note potential resilience if inflation and oil prices ease.
Approvals reach peak: April saw 65,945 UK mortgage approvals, the highest since January 2025, surpassing forecasts despite rising rates and economic uncertainty.
Rates and conflict: Mortgage rates spiked after the Iran war began in February, dampening sentiment and contributing to falling house prices in recent months.
Future outlook split: Some economists see the surge as temporary, driven by rate-lock timing, while others note potential resilience if inflation and oil prices ease.
Approvals reach peak: April saw 65,945 UK mortgage approvals, the highest since January 2025, surpassing forecasts despite rising rates and economic uncertainty.
Rates and conflict: Mortgage rates spiked after the Iran war began in February, dampening sentiment and contributing to falling house prices in recent months.
Future outlook split: Some economists see the surge as temporary, driven by rate-lock timing, while others note potential resilience if inflation and oil prices ease.
Rates and conflict: Mortgage rates spiked after the Iran war began in February, dampening sentiment and contributing to falling house prices in recent months.
Future outlook split: Some economists see the surge as temporary, driven by rate-lock timing, while others note potential resilience if inflation and oil prices ease.
