- The ongoing war with Iran is causing disruptions to global oil flows, while mortgage rates are currently reflecting the trends in the U.S. housing market.
- The ongoing war with Iran is causing disruptions to global oil flows, while mortgage rates are currently reflecting the trends in the U.S. housing market.
- The Iran war, coupled with oil price volatility, is driving inflation and causing market hesitation in the housing sector due to rising mortgage rates.
- Ongoing conflict in Iran raises risk of material price increases for the homebuilding market.
Major UK homebuilding firms Taylor Wimpey and Persimmon are facing increased building material costs due to the Iran war.
1 report, 1 independent
Updated Aug 1
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What happened
Major UK homebuilding firms Taylor Wimpey and Persimmon are facing increased building material costs due to the Iran war.
Who's involved
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The entities involved
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Taylor Wimpey
British based housebuilding company