UK Housing Market Data Response UK House Price Index (Jul.) and MLAR statistics (Q2) House price inflation held flat in July, while rental growth slowed. And while the lending data suggest that the share of high LTI loans ticked up in Q2, a fresh surge in high LTI lending is unlikely. 12th September 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (Aug.) While annual house price inflation picked up touch in August, the big picture is one of stagnation. Looking ahead, with borrower leverage already high and real wages grinding lower, there is little... 7th September 2017 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) July’s jump in the number of mortgages approved for house purchase reversed nearly all of the falls seen in the first half of the year. As such, they lend weight to the signs, evident in last week’s... 30th August 2017 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Aug.) The easing in mortgage demand seen over the first half of the year is weighing on average house prices. According to Nationwide, prices have risen by just 2.1% over the past year, and have fallen in... 29th August 2017 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending & Housebuilding (Jul./Q2) Today’s data offer some tenative evidnce that the recent slowdown in mortage lending may have run its course. And the fact that housing starts held up well in the second quarter suggests that... 24th August 2017 · 1 min read
UK Housing Market Data Response UK House Price Index (Jun.) and UK Finance Lending Trends (Q2) House price growth slowed a touch in June, as lending to all types of buyers fell. Looking ahead, with house prices already very high and inflation eroding real earnings, we expect the stagnation in... 15th August 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jul.) Demand fell a little slower in July compared to the previous month. But with both newly agreed sales and new sales instructions declining, there are few signs that the stagnation in the housing market... 10th August 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jul.) The headline rate of annual house price growth decelerated to just 2.1% in July. And with buyer enquiries falling, all signs point to house price growth staying weak over the remainder of the year. 7th August 2017 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Jul.) Annual house price growth edged downward in July. With houses already very expensive, new buyer enquiries falling and transactions stagnating, we expect house price inflation to stay in the low single... 1st August 2017 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jun.) Mortgage approvals for house purchase edged down in June. That said, with unemployment so low, the economy set to fare better in H2 and a rate rise still some way off, approvals should see a gentle... 31st July 2017 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Jun.) Mortgage approvals among the high street banks stagnated in June. But while weaker economic growth and falling buyer enquires mean the near-term outlook is subdued, there is scope for a gentle... 26th July 2017 · 1 min read
UK Housing Market Data Response UK House Price Index (May.) House prices on the official index are rising faster than the other main measures, but that may partly be down to measurement issues. Nonetheless, the continued slowdown in London is consistent with... 18th July 2017 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q2) Credit conditions in the residential mortgage market eased a touch in Q2. But with lenders’ risk appetites set to contract, Q3 may be a little tighter. Meanwhile, there is little evidence to suggest... 13th July 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jun.) With active demand and supply both falling in June, the housing market is still softening. But the fact that the pace of decline eased off a touch may be a tentative sign that conditions won’t... 13th July 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jun.) June’s 1% drop in house prices cooled the headline annual rate of growth to 2.6%. With buyer demand still falling and credit conditions unlikely to loosen, the outlook for house prices is subdued. 7th July 2017 · 1 min read
UK Housing Market Data Response Mortgage Lending (May.) While mortgage approvals edged up in May, there is still lost ground to make up following a weak start to 2017. That said, with the economic backdrop broadly supportive, we expect a modest recovery in... 29th June 2017 · 1 min read
