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Mortgage availability increased for a third consecutive month, with the number of products on offer rising by 45 to 7,177 in June. The market continued to recover following widespread product withdrawals earlier in the year, although there were still 307 fewer deals available than at the start of March. The
Mortgage approvals had proved remarkably resilient through early 2026. That resilience cracked a little in May: approvals fell 15% month-on-month and sat 8% below their five-year average. The culprit is swap rates, not underlying weakening demand. The Iran conflict has stoked fears of imported inflation, pushing up swap rates –
The 139th Wimbledon Championships are underway, with the All England Club in Wimbledon hosting 128 singles players and 64 doubles teams in each draw, the tournament set to conclude on Sunday 12th July. Alongside the tennis, fans will once again be tucking into the famous strawberries and cream, with the
When the Iran conflict erupted, rising inflation was the key headline economic risk, with global supply chains in the firing line. May’s data brings some cautious relief: the 12-month Consumer Price Index (CPI) rate held at 2.8%. Some inflationary impacts remain delayed: for instance the energy price cap will change
