00:00Mortgage costs are rising again, adding pressure for many homeowners and buyers.
00:05New data suggests a typical 25-year mortgage of £250,000 is now around £788 a year more
00:16expensive than before the conflict involving the United States, Israel and Iran began earlier
00:21this year. Financial information service Moneyfax says the average two-year fixed mortgage rate
00:27has risen to 5.28%. Several major lenders have withdrawn some of the lowest deals.
00:34Brokers say borrowers approaching the end of fixed rates should plan ahead as markets react
00:39to wider economic uncertainty around future interest rate decisions.
