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Evening Standard
Evening Standard
Vicky Shaw

1,500 fewer mortgage deals on market ‘direct response to Middle East conflict’

Moneyfacts Inflation
Mortgage rates were continuing to climb as lenders scrambled to keep pace with rising funding costs, Moneyfacts said (Anthony Devlin/PA) - (PA Archive)

Homeowners’ choice of mortgage deals has shrunk by nearly a fifth over the past couple of weeks, with nearly 1,500 fewer deals available, according to analysis from a financial information website.

Moneyfacts said that, as of Monday morning, there were 1,492 fewer residential mortgage products available compared with March 9, meaning the number of available products has shrunk by 19.5%.

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