20/03/2026
We just wanted to take a quick break from the madness to update all of our clients and followers from a personal finance perspective, how the events in Iran have impacted the conversations we have with so many of you everyday.
For mortgages the article below explains the whys and hows of rate rises very well that you may find useful. https://www.theguardian.com/lifeandstyle/2026/mar/19/why-mortgage-rates-going-up-bank-of-england-base-rate-same
For life, illness, income cover we are in constant contact with providers on their stance. However, worth noting for everyone NOT just serving personnel if you are due to travel to any areas listed under the Middle Eastern update at this link https://www.gov.uk/government/organisations/foreign-commonwealth-development-office
They will not offer cover.
This is NOT the same as for those whom already have cover in place.
This is a constantly changing situation and each insurer will have their own position. Therefore, if you have any immediate doubts or concerns please contact your provider directly for a quicker response.
The team are working around the clock to manage the situation and queries, however appreciate at times when anxiety is high you may want an answer the same day. We are unable to achieve this, in the current conditions as much as we would like to maintain our normal service standards. Your patience is appreciated.
The information in this post DOES NOT constitute formal financial advice, which must be given on an individual basis. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS.
Our thoughts are with all Forces Families that are being impacted by these events. We are all in this together and to us, you are never just a number.
To understand this you need to know about swap rates and the impact of the war in Iran
