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Iran Conflict Slams UK Housing Market

Published 4 days, 1 hour ago
Description

The Iran conflict is causing a housing market downturn in the UK, with estate agents reporting a significant drop in listings and sales. Lenders have pulled cheap mortgage deals and increased rates, leading to a surge in remortgaging costs. Homeowners and buyers are feeling uncertain, with prices dropping and chains collapsing. Despite a brief ceasefire, volatility remains a concern, leaving many in a state of wait-and-see.

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This is an automated, high-level news summary based on public reporting.
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