News · 30 April 2026

UK Mortgage Rates Rise as Middle East Conflict Fuels Inflation

UK mortgage rates have risen sharply since the Middle East conflict began, with fixed deals climbing significantly above pre-conflict levels. The Bank of England is expected to hold interest rates at 3.75% at its April 30 meeting, as it assesses the conflict's economic impact. Inflation rose to 3.3% in March, above the 2% target, keeping pressure on household finances.

By BriefTea Editorial · 30 April 2026 at 4:03

Reported by BBC · How we write briefs

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