UK Housing Market Data Response UK House Price Index (May.) The UK House Price Index recorded a broad-based slowdown in May, with house price inflation cooling in every region over the last three months. 18th July 2018 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q2) Credit availability for residential mortgages edged up in Q2, but only for lower LTV mortgages. And while the credit conditions for commercial property were broadly unchanged, for the first time since... 12th July 2018 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jun.) New sales instructions rose for a second consecutive month in June. But with new buyer enquiries flat and the stock of homes for sale still close to a record low, a meaningful recovery in mortgage... 12th July 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jun.) Annual house price growth cooled in June, driven by a gentle decline in prices over the last few months. With buyer interest in decline and further interest rate hikes ahead, we think house price... 6th July 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending (May) May’s rise in mortgage approvals was too small to suggest that a revival in the lending market is underway. Not only was the number of mortgages approved comfortably within the range which has... 29th June 2018 · 1 min read
UK Housing Market Data Response Housebuilding (Q1) Housing starts fell in Q1, as the wider housing market slowdown caught up with the newbuild sector. Indeed, with newbuild transactions now falling, we think the housebuilding recovery has reached a... 28th June 2018 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Jun.) House price inflation slowed to 2% in June – the slowest result since 2013. And with prices down by 1.9% y/y in Q2, the fall in London prices accelerated. That said, with tentative signs that activity... 27th June 2018 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (May.) House purchase mortgage approvals rose gently in May – for a second consecutive month. But lending is still down compared to a year ago. And while the recent trend of falling mortgage market activity... 26th June 2018 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (May.) New sales instructions grew in May, for the first time in over two years. That could be a sign that the sell-off among landlords is intensifying. In any case, with new buyer enquiries still declining... 14th June 2018 · 1 min read
UK Housing Market Data Response UK House Price Index (Apr.) The official index showed house price growth cooling in April. And while the rate of house price growth in London returned to positive territory, there are few reasons to think this will be sustained. 13th June 2018 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q1) Today’s detailed mortgage lending data suggest that the slowdown in net lending has been driven primarily by buy-to-let. This suggests that the sell-off among landlords has, if anything, intensified... 12th June 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (May.) According to the Halifax index, house prices saw a fairly strong rise in May. Even so, the latest rise only partially reversed the large drop seen last month. As a result, house price inflation edged... 7th June 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending and Nationwide House Prices Mortgage approvals for house purchase weakened again in April, while house prices edged down in May. But with real incomes growing once more and Q1’s weak GDP growth unlikely to be repeated, activity... 31st May 2018 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Apr.) March’s dip in house purchase approvals was reversed in April, suggesting that a renewed slide in lending is not underway. That’s said, with buyer enquiries and newly agreed sales still softening... 25th May 2018 · 1 min read
UK Housing Market Data Response UK House Price Index (Mar.) UK house prices are still growing, albeit at a subdued pace. But prices in London are falling, while rental growth there has also paused. Looking ahead, we expect price growth across the country to... 23rd May 2018 · 1 min read
UK Housing Market Data Response UK Finance Lending Trends Q1’s weakness in mortgage advances was driven primarily by the buy-to-let sector. With changes to mortgage interest tax relief and rising interest rates set to erode landlords’ returns, the prospect... 16th May 2018 · 1 min read