UK Housing Market Data Response Mortgage Lending (Aug.) Mortgage approvals rose in August, but lending is still broadly flat on an annual basis. Looking ahead, with house prices set to stay very high relative to incomes and interest rates rising, our... 1st October 2018 · 1 min read
UK Housing Market Data Response Housebuilding (Q2) Housing starts have declined in response to weakening demand. Looking ahead, there are few reasons to expect demand to bounce back. As a result, we expect builders to slow construction further over... 27th September 2018 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Aug.) Mortgage approvals for house purchase edged down in August, leaving lending at the bottom end of the range that has been seen over the last few years. With interest rates rising and no sign of a... 26th September 2018 · 1 min read
UK Housing Market Data Response UK House Price Index (Jul.) According to the UK House Price Index, house price inflation slowed in July, bringing it further in line with the other main measures. And looking ahead, we expect house price growth to continue to... 19th September 2018 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Aug.) With RICS survey pointing to falling activity across the board, the housing market’s mid-year respite ended in August. Indeed, leading indicators point to flat or falling mortgage approvals to the end... 13th September 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (Aug.) The Halifax index recorded faster house price inflation in August, but that result is an outlier compared to the other main indices. And looking ahead, with interest rates normalising gradually and no... 7th September 2018 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Aug.) House price growth cooled to 2% in August, down from 3.2% in January. And with no sign of a pick-up in demand or sales, we expect price gains slow a little further by the end of the year. 31st August 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) July saw a 0.9% drop in mortgage approvals for house purchase, partly reversing the gains seen in May and June. Looking ahead, with house prices high and interest rates set to rise further, lending is... 30th August 2018 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Jul.) Mortgage approvals for house purchase dipped in July, ending a three-month streak of gains. But the big picture is that lending has seen no sustained improvement since 2013. And with high house prices... 24th August 2018 · 1 min read
UK Housing Market Data Response UK House Price Index (Jun.) The subdued demand and mortgage lending environment is weighing on house prices. The official index reported that house price growth slowed to its lowest rate in almost 5 years in June. But with... 15th August 2018 · 1 min read
UK Housing Market Data Response UK Finance Lending Trends (Q2) High levels of remortgaging in the second quarter suggest that borrowers are actively taking steps to limit the impact of rising Bank Rate on their mortgage payments over the coming few years. While... 14th August 2018 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jul.) Data from the RICS suggest that the number of new instructions was flat in July, with new buyer enquiries also broadly stable. Against a backdrop of higher interest rates, the outlook for the market... 9th August 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jul.) According to the Halifax index, house price growth accelerated in July. But at 3.3% per-year, prices are still rising at a sluggish pace. And looking ahead, with prices already very high and interest... 7th August 2018 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Jul.) House price inflation edged up in July. But we doubt that the market has gained a new lease of life. Indeed, with interest rates set to rise imminently, we expect house price growth to slow over the... 1st August 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jun.) House purchase mortgage approvals rose for a second month in June – by a respectable 1.4% m/m. But demand is still weak, and further growth in lending will be constrained by high house prices and... 30th July 2018 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Jun.) Mortgage approvals have recovered during the second quarter, having now risen for three consecutive months. But demand is still weak, and further growth in approvals will be constrained by high prices... 25th July 2018 · 1 min read