UK Housing Market Data Response RICS Residential Market Survey (Jul.) The latest RICS survey showed a housing market struggling to gather any upward momentum. With Brexit uncertainty poised to intensify in the coming months, we expect house prices and transactions to... 8th August 2019 · 2 mins read
UK Housing Market Data Response Halifax House Prices (Jul.) House price growth on the Halifax index once again outpaced the other main indices. But we wouldn’t put too much weight on that result. With house prices very high relative to incomes and the... 7th August 2019 · 2 mins read
UK Housing Market Data Response Nationwide House Prices (Jul.) There was no sign of a recovery in house price growth in July, and we expect the market to stay that way in 2019, regardless of the Brexit outcome. 31st July 2019 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Jun.) While there is evidence of lenders successfully taking market share, overall growth in house purchase mortgage lending is muted. Looking ahead, with Brexit uncertainty likely to pick up again later... 29th July 2019 · 2 mins read
UK Housing Market Data Response UK Finance Mortgage Lending (Jun.) According to UK Finance, house purchase mortgage approvals saw a small increase in June. But even assuming a Brexit deal is agreed, we don’t expect to see a sustained recovery in mortgage approvals... 24th July 2019 · 2 mins read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q2) Lenders reported a drop in mortgage availability in Q2. And while that decline is expected to reverse in Q3, we doubt that will translate into a rebound in mortgage lending. Meanwhile, credit... 18th July 2019 · 3 mins read
UK Housing Market Data Response RICS Residential Market Survey (Jun.) New buyer enquiries saw its first meaningful rise in over two years, but it’s too soon to call a housing market recovery. Indeed, the pick-up was partly driven by London and the South of England... 11th July 2019 · 2 mins read
UK Housing Market Data Response Halifax House Prices (Jun.) and Housebuilding (Q1) While house prices edged down in June, the Halifax index is still an outlier compared to the other main indices. Meanwhile, housing starts cooled in Q1. Looking ahead we expect the market to stay weak... 5th July 2019 · 2 mins read
UK Housing Market Data Response Nationwide House Prices (Jun.) According to the Nationwide, house price growth was very subdued June. And while the Brexit outcome is as uncertain as ever, the already high level of house prices suggests a rebound in the housing... 2nd July 2019 · 2 mins read
UK Housing Market Data Response Mortgage Lending (May.) With house purchase lending falling gently in May, there is no sign of a rebound in the housing market. Indeed, with renewed Brexit uncertainty likely in the coming months, we expect house purchase... 1st July 2019 · 2 mins read
UK Housing Market Data Response UK Finance Mortgage Lending (May) Loans for house purchase eased slightly in May, but were still higher than at any other point since April 2017. There was a fall back in loans extended for re-mortgaging and we expect loans for house... 26th June 2019 · 2 mins read
UK Housing Market Data Response RICS Residential Market Survey (May.) The RICS measure of new buyer enquires was broadly flat in May, breaking the 9-month run of declining demand. That said, it is still far too soon to call a housing market recovery. 13th June 2019 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q1) High LTI and LTV lending saw little movement in Q1, despite competitive pressures on lenders, suggesting that mortgage lending is primarily constrained by demand. With uncertainty set to persist for... 11th June 2019 · 1 min read
UK Housing Market Data Response Halifax House Prices (May.) The faster rate of house price growth recorded by the Halifax is an outlier, and should largely be discounted. Indeed, the other main indices report house prices rising by less than 2% per year – a... 7th June 2019 · 1 min read
UK Housing Market Data Response Mortgage Lending (Apr.) April’s strong rise in house purchase mortgage approvals more than reversed March’s fall. But we doubt that signals the start of a sustained recovery in lending. 31st May 2019 · 1 min read
UK Housing Market Data Response Nationwide House Prices (May) Uncertainty and the already high level of prices kept house price inflation subdued in May. Looking ahead, we expect these factors to keep price growth weak to the end of 2019 – at just 1% y/y. 31st May 2019 · 1 min read
