‘Geopolitical uncertainties’ amid Iran war could slow fall in mortgage rates, says Halifax
UK house price growth slowed in February as value of typical home rose 0.3% to £301,151Business live – latest updatesHalifax has warned that the US-Israel war on Iran could slow mortgage rate decreases this year, as it said that house price growth eased dramatically in February.Halifax, which is...
<p>UK house price growth slowed in February as value of typical home rose 0.3% to £301,151</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/mar/06/oil-biggest-weekly-gain-four-years-strait-of-hormuz-traffic-halt-stock-markets-dollar-imf-news-updates">Business live – latest updates</a></p></li></ul><p>Halifax has warned that the <a href="https://www.theguardian.com/world/iran">US-Israel war on Iran</a> could slow mortgage rate decreases this year, as it said that house price growth eased dramatically in February.</p><p>Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said the conflict in the Middle East is likely to affect global economies, <a href="https://www.theguardian.com/business/2026/mar/03/uk-grocery-inflation-middle-east-war-eurozone-uk-ecb-worldpanel">stoke inflation</a> and reduce the likely rate of interest rate cuts that influence borrowing costs for homebuyers.</p> <a href="https://www.theguardian.com/business/2026/mar/06/geopolitical-uncertainties-amid-iran-war-could-slow-fall-in-mortgage-rates-says-halifax">Continue reading...</a>
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