{"id":171278,"date":"2026-04-01T17:35:56","date_gmt":"2026-04-01T10:35:56","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/iran-war-may-cause-higher-mortgage-payments-for-extra-million-uk-households-says-bank-of-england\/"},"modified":"2026-04-01T17:40:32","modified_gmt":"2026-04-01T10:40:32","slug":"iran-war-may-cause-higher-mortgage-payments-for-extra-million-uk-households-says-bank-of-england","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/iran-war-may-cause-higher-mortgage-payments-for-extra-million-uk-households-says-bank-of-england\/","title":{"rendered":"Iran war may cause higher mortgage payments for extra million UK households, says Bank of England"},"content":{"rendered":"<p>&#013;<br \/>\nFinancial policy committee makes warning over \u2018Trumpflation\u2019 increases, as average two-year fixed rate hits 5.84%Business live \u2013 latest updatesThe US-Israel war on Iran could end up increasing monthly mortgage payments for more than one million more UK households, the Bank of England has warned, adding that the conflict had dealt \u201ca substantial negative supply shock\u201d to the world economy.Financial market jitters over the conflict in the Middle East have resulted in banks pulling about 1,500 mortgage products, with many banks raising interest rates on their remaining 7,000 home loan products in recent weeks, the Bank\u2019s financial policy committee (FPC) said. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2026\/apr\/01\/iran-war-higher-mortgage-payments-uk-households-bank-of-england\" target=\"_blank\" rel=\"noopener\">Iran war may cause higher mortgage payments for extra million UK households, says Bank of England<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Financial policy committee makes warning over \u2018Trumpflation\u2019 increases, as average two-year fixed rate hits 5.84%Business&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-171278","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Iyy","jetpack-related-posts":[{"id":148321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payments-will-rise-for-half-of-uk-homeowners-over-next-three-years\/","url_meta":{"origin":171278,"position":0},"title":"Mortgage payments \u2018will rise for half of UK homeowners over next three years\u2019","date":"November 29, 2024","format":false,"excerpt":"\r Bank of England financial stability report says about 420,000 households will be hit by \u00a3500-a-month increasesBusiness live \u2013 latest updatesHalf of UK homeowners will see their mortgage payments rise over the next three years, leaving 4.4 million households facing extra pressure on their finances, the Bank of England has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-feels-unfair-the-britons-struggling-to-get-a-mortgage-since-iran-war-began\/","url_meta":{"origin":171278,"position":1},"title":"\u2018It feels unfair\u2019: the Britons struggling to get a mortgage since Iran war began","date":"May 29, 2026","format":false,"excerpt":"\r 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.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-interest-rates-will-rise-four-times-this-year-markets-predict\/","url_meta":{"origin":171278,"position":2},"title":"UK mortgage interest rates will rise four times this year, markets predict","date":"March 23, 2026","format":false,"excerpt":"\r Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran warBusiness live \u2013 latest updates\u2018Trumpflation\u2019: how the Iran war\u2019s economic storm could affect BritonsThe Bank of England will raise the cost of borrowing four times this year, pushing UK interest rates from 3.75%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-are-mortgage-rates-going-up-when-the-bank-of-england-base-rate-hasnt-changed\/","url_meta":{"origin":171278,"position":3},"title":"Why are mortgage rates going up when the Bank of England base rate hasn\u2019t changed?","date":"March 19, 2026","format":false,"excerpt":"\r To understand this you need to know about swap rates and the impact of the war in IranOn 16 January, the average rate on a new two-year fixed-rate mortgage was 4.78%, according to the financial data company Moneyfacts. Two months later, it was 5.20%. Between those two dates, the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-predicted-to-drop-by-at-least-10-in-2023\/","url_meta":{"origin":171278,"position":4},"title":"UK house prices predicted to drop by at least 10% in 2023","date":"September 28, 2022","format":false,"excerpt":"\r As lenders pull mortgage products amid interest rate turmoil, experts forecast \u2018significant fall\u2019 House prices are likely to fall by at least 10% next year as mortgage providers pull deals and raise interest payments to levels not seen since before the 2008 financial crisis, property experts have predicted.Nearly 300\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rose-sharply-in-march-but-iran-war-expected-to-cause-slowdown\/","url_meta":{"origin":171278,"position":5},"title":"UK house prices rose sharply in March but Iran war expected to cause slowdown","date":"March 31, 2026","format":false,"excerpt":"\r Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activityBusiness live \u2013 latest updatesUK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171278"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=171278"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171278\/revisions"}],"predecessor-version":[{"id":171279,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171278\/revisions\/171279"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=171278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=171278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=171278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}