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
UK Housing Market Data Response RICS Residential Market Survey (Apr.) Data from the RICS suggest that the decline in housing market activity eased off in April. But there is little reason to believe that either transactions or house price pressures will soon recover. 10th May 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (Apr.) According to the Halifax index, house prices fell sharply in April, more than reversing March’s gain. And with buyer demand and housing market activity falling, we expect house price inflation to edge... 8th May 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending (Mar.) House purchase mortgage approvals fell again in March. And there are few reasons to expect a meaningful recovery in mortgage activity over the remainder of the year. 1st May 2018 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Apr.) UK house price inflation edged up in April. But with buyer demand falling and house prices very high, there is little prospect of a sustained acceleration in house price growth. Indeed, with London... 27th April 2018 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Mar.) Mortgage lending fell in March, extending February’s drop in activity. With house prices very high and interest rates now rising, there are few reasons to expect a meaningful recovery in lending this... 26th April 2018 · 1 min read
UK Housing Market Data Response UK House Price Index (Feb.) UK house price inflation cooled in February. And, for the first time since September 2009, the official index recorded prices in London falling on an annual basis. Looking ahead, with house prices... 18th April 2018 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q1) The Bank of England’s survey of lenders suggests that the recent weakness in mortgage lending has been driven by falling demand for credit. But the survey also points to a sharp fall in loan approval... 12th April 2018 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Mar.) March’s RICS survey points to a weakening housing market. With interest rates on an upward trajectory and house prices already very high, a meaningful recovery in either activity or prices is looking... 12th April 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (Mar.) According to the Halifax index, house prices were broadly flat over the last quarter. And with housing market activity falling and prices still very high, we think price growth will stay sluggish over... 9th April 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending and Nationwide House Prices House price inflation held broadly steady at around 2% in March. But February’s lending data suggest that banks are struggling to maintain mortgage volumes. With house prices still very high and few... 29th March 2018 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Feb.) House purchase mortgage approvals saw a sizeable fall in February. What’s more, near term indicators point to further weakness over the next few months. But with the economic backdrop supportive and... 26th March 2018 · 1 min read
UK Housing Market Data Response Housebuilding (Q4) Housing starts bounced back in Q4, rising by 5.2% q/q. That seems consistent with reports that demand for newbuild homes is rising. Yet the wider housing market still looks fragile and builders are... 22nd March 2018 · 1 min read
UK Housing Market Data Response UK House Price Index (Jan.) According to the Official UK House Price Index, house price pressures continued to ease in the early stages of the year. As a result, the data confirmed the picture already painted by the more timely... 20th March 2018 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Feb.) The housing market slowdown intensified in February. And with interest rates now starting to rise, price growth and transactions are unlikely to see meaningful gains over the remainder of the year. 8th March 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (Feb.) The Halifax’s headline rate of annual house price growth slipped to below 2% in February. And with house prices very high relative to incomes and interest rates now starting to rise, house price... 7th March 2018 · 1 min read
