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UK Mortgage Rates Hit One-Month High as Middle East Tensions Drive Up Costs
๐Ÿ“ˆ Business

UK Mortgage Rates Hit One-Month High as Middle East Tensions Drive Up Costs

UK mortgage rates have risen to their highest level in a month, driven by renewed tensions in the Middle East feeding through to lenders' borrowing costs. The increase puts further financial pressure on British households already struggling with high living costs. Analysts warn the situation could worsen if geopolitical instability continues.

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