UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q3) The surge in mortgage lending to its highest level since before the financial crisis has come despite banks curbing riskier loans. If we are right to think that house prices will dip, that should... 8th December 2020 · 2 mins read
UK Housing Market Data Response Halifax House Prices (Nov.) There was no sign whatsoever of the surge in house prices abating in November as annual growth in the Halifax index rose to a fresh four-year high. Tight market dynamics suggest that prices will... 7th December 2020 · 2 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Nov.) 4th December 2020 · 3 mins read
UK Housing Market Data Response Nationwide House Prices (Nov.) Despite GDP being set for its biggest fall in 300 years this year, annual house price growth accelerated to its highest rate since January 2015 in November. The divergence has only been possible due... 1st December 2020 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Oct.) Very strong demand allowed mortgage approvals to surge yet higher in October even as banks cut back on high LTV lending. Approvals are likely to rise even further in the run up to end of the stamp... 30th November 2020 · 2 mins read
UK Housing Market Data Response RICS Residential Market Survey (Oct.) The housing market remains exceedingly buoyant, with both the number of sales and house prices rising further in October. But like us, surveyors are increasingly doubtful that the price gains and... 12th November 2020 · 2 mins read
UK Housing Market Data Response Halifax House Prices (Oct.) The smallest monthly increase in house prices since June shows that the surge in house prices was losing steam even before the second lockdown was announced. With the economic outlook deteriorating... 6th November 2020 · 2 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Oct.) The fall in the headline construction PMI to its lowest level since May shows that the recovery in activity was waning even before the second lockdown began. Admittedly, construction sites will remain... 5th November 2020 · 3 mins read
UK Housing Market Data Response Nationwide House Prices (Oct.) House prices rose at their fastest rate in five years during October. But the housing market is mainly being driven by temporary factors such as pent-up demand and the stamp duty cut. Looking ahead... 30th October 2020 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Sep.) September’s lending data show another increase in house purchase approvals. But looking ahead, with the economy looking increasingly fragile, lending is likely to fall back once the pent-up demand... 29th October 2020 · 2 mins read
UK Housing Market Data Response Credit Conditions Survey (Q3) Mortgage availability saw a modest improvement Q3, but not enough to reverse the large fall seen in Q2. Meanwhile, credit availability to commercial property fell sharply during the quarter, and... 15th October 2020 · 2 mins read
UK Housing Market Data Response RICS Residential Market Survey (Sep.) Housing market activity rose for a fourth consecutive month in September, but the market may be approaching an inflection point. We expect house price growth and transactions to cool by the end of the... 8th October 2020 · 2 mins read
UK Housing Market Data Response Halifax House Prices (Sep.) House price growth surged to a four-year high according to the Halifax index. But there are tentative signs that the pent-up demand driving the latest mini-boom may be running out. We think house... 7th October 2020 · 2 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Sep.) The construction PMI strengthened in September, driven by an improvement in both the commercial and residential sectors. Still, with fresh virus restrictions likely to hit commercial occupier demand... 6th October 2020 · 2 mins read
UK Housing Market Data Response Nationwide House Prices (Sep.) House prices are rising at their fastest rate in four years. But price gains are likely to slow as the pent-up demand driving the market now is expended. Looking ahead, we think a weak underlying... 30th September 2020 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Aug.) August’s lending data showed another sharp increase in house purchase approvals. But, while this buoyancy may last for a few more months, the current spike in demand is likely to be short-lived. With... 29th September 2020 · 2 mins read
