UK Housing Market Data Response Halifax House Prices (Feb.) Given how volatile the Halifax house price index has been in recent months, we wouldn’t read too much into the marginal fall recorded in February. After all, the underlying trend in prices is still... 5th March 2015 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Feb.) & Mortgage Lending (Jan.) House prices held their ground in February according to the Nationwide. But with mortgage approvals rising for the second consecutive month, and mortgage rates dropping yet again, prices will soon... 2nd March 2015 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jan.) House prices rose by a robust 1.3% over January according to the Land Registry, which brought a halt to the downward trend in the 3m/3m and annual rate of inflation. While it is too early to say for... 27th February 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jan.) The January figures from the BBA suggest that mortgage lending has finally bottomed out, with approvals for house purchase rising for the first time since June. Now that expectations for interest rate... 25th February 2015 · 1 min read
UK Housing Market Data Response Housebuilding (Q4) Despite the Government pumping £1.75bn into the industry via Help to Buy equity loans, housing starts dropped for the second consecutive quarter at the end of 2014. But with early signs that housing... 19th February 2015 · 1 min read
UK Housing Market Data Response CML Lending Trends (2014 Q4) Advances for house purchase in the fourth quarter declined compared to the final quarter of 2013, reflecting the mood of buyer caution. But the share of loans to first-time buyers is still high, and... 17th February 2015 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jan.) The housing market has made a subdued start the year, with new buyer demand as yet failing to respond to the reforms to stamp duty. But there are some other signs that sales activity is beginning to... 12th February 2015 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jan.) House prices rose at a strong rate for the second month in a row in January, which could reflect the reform to stamp duty giving prices a boost. But while a healthy economic backdrop and record low... 5th February 2015 · 1 min read
UK Housing Market Data Response Mortgage Lending (Dec.) In contrast to the earlier BBA data, the Bank of England reported a rise in approvals for house purchase in December. With mortgage rates at record lows, and consumer confidence at seven-year highs... 30th January 2015 · 1 min read
UK Housing Market Data Response Nationwide (Jan.) & Land Registry (Dec.) House Prices House price growth was stable in the first month of 2015, as a fall in housing demand has been matched by limited supply. But there are signs that demand has picked-up recently, and we expect gains... 29th January 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Dec.) The number of mortgages approved for house purchase dipped again in December, and ended the year 28% lower than the beginning. But record low mortgage rates, the reforms to stamp duty, the return of... 27th January 2015 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Dec.) While housing demand fell once again in December, the final RICS survey of 2014 reported that surveyors were hopeful that the reforms to stamp duty will boost both housing market activity and prices... 15th January 2015 · 1 min read
UK Housing Market Data Response Halifax House Prices (Dec.) The surprisingly large 0.9% gain in house prices during December reported by the Halifax hides a further cooling in the underlying growth rate. But the stamp duty reform, strong economic backdrop and... 8th January 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Nov.) The BBA reported a further drop in mortgage approvals for house purchase in November, which are now down almost 20% compared to last year. However, the reforms to stamp duty and lifting of regulatory... 23rd December 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Nov.) The November RICS survey reported that housing demand is continuing to contract, while prices are now expected to stall over the next quarter. But reforms to stamp duty, and the recent dip in mortgage... 11th December 2014 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q3) The growth in mortgage lending has slowed, as new regulations have led to a decline in the share of high loan-to-value and loan-to-income mortgages. But alongside a further fall in the share of... 9th December 2014 · 1 min read