UK Housing Market Data Response BBA Mortgage Lending (Jun.) Mortgage approvals for both house purchase and remortgaging grew in June,driven by low mortgage rates and a greater willingness to lend by banks. With active housing demand recovering and lending... 24th July 2015 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q2) The Credit Conditions Survey reported an uptick in secured residential credit availability in the second quarter, but that the availability of commercial lending was more-or-less unchanged. For the... 13th July 2015 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (June) The number of unsold homes has fallen to a record low in June, as sales continue to outpace the number of homes being listed for sale. Combined with signals that the economy is in good shape, we... 9th July 2015 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jun.) A strong rise in June has pushed house prices above their pre-crisis peak according to the Halifax. With demand up on the back of rising employment and wages, and the stock of homes for sale... 8th July 2015 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Jun.) The small dip in prices in June reported by the Nationwide is not a sign of a cooling market. On an underlying basis prices are still rising, and with active housing demand finally recovering annual... 2nd July 2015 · 1 min read
UK Housing Market Data Response Mortgage Lending (May) The Bank of England reported a 4.7%m/m fall in approvals for house purchase in May. However, given the strong growth seen last month, we doubt this fall signals a downturn in lending. The demand for... 29th June 2015 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (May) House prices held their ground in May according to the Land Registry, although the strong gain in April means they are still rising on the less volatile three-month on three-month measure. Nationally... 26th June 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (May) Mortgage approvals have now increased every month since the start of the year, with remortgaging activity seeing a particularly strong rise. This improvement is set to continue, as rising earnings... 24th June 2015 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (May) Rising consumer confidence has yet to entice higher numbers of existing homeowners to move, and consequently the number of homes for sale has dropped to its lowest level in over 35 years. With housing... 11th June 2015 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q1) The introduction of new mortgage regulations depressed mortgage lending over the past year, and has incentivised lenders to turn to the non-regulated sector. Non-regulated loans, mainly buy-to-let... 9th June 2015 · 1 min read
UK Housing Market Data Response Halifax House Prices (May) The slight fall in house prices in May reported by the Halifax doesn’t alter the bigger picture that prices are under steady upwards pressure. With very few homes for sale and the mortgage market... 4th June 2015 · 1 min read
UK Housing Market Data Response Nationwide House Prices (May) Underlying house price growth picked-up in May according to the Nationwide, as a slow recovery in housing demand has run up against very low levels of homes for sale. We expect that demand will... 3rd June 2015 · 1 min read
UK Housing Market Data Response Mortgage Lending (Apr.) The Bank of England reported that mortgage approvals for house purchase jumped 10% m/m in April, their biggest monthly rise since the start of 2009. A strong labour market and record low mortgage... 2nd June 2015 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Apr.) According to the Land Registry a strong gain in house prices during April broadly offset a similar fall in March. With the stock of homes for sale at an historic low, the conditions are in place for... 1st June 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr.) According to the BBA, mortgage approvals in April saw their largest rise since September 2013. But while the strong economic backdrop will allow lending to continue to grow steadily, depressed new... 28th May 2015 · 1 min read
UK Housing Market Data Response Housebuilding (Q1) The jump in housing starts in the first quarter of 2015 more than reversed the dip seen during the second half of last year. As a result, starts are once again growing on an annual basis. But with... 21st May 2015 · 1 min read