Browsing: iran

The signing of the Islamabad Memorandum — a ceasefire framework between the US and Iran — sent swap rates tumbling in June 2026 and prompted NatWest, Barclays, TSB and Santander to immediately cut fixed mortgage rates. The Bank of England held at 3.75%. Here is how a peace deal in Pakistan moved mortgage rates in Manchester — and what it means for Caribbean property investors.

Nationwide’s House Price Index for May 2026 recorded the first monthly fall since the Iran war began — average prices dropped 0.6%, the sharpest monthly decline since June 2025, as annual growth slowed from 3% to 1.7%. Halifax confirmed the trend. Capital Economics says big falls are unlikely but the slowdown is real. What it means for property investors in Jamaica.

Around 700 UK rental properties are leaving the market every day as landlords exit under the combined pressure of the Iran war’s impact on buy-to-let mortgage rates and the Renters’ Rights Act’s new obligations. Savills data projects up to 220,000 properties leaving the rental sector by end-2026. The supply implications for renters — and what Jamaica can learn.