UK Housing Market Data Response Halifax House Prices (Nov.) House price gains have continued to cool according to the Halifax, reflecting the earlier drop in demand growth. The cut in stamp duty announced by the Chancellor yesterday will give house prices a... 4th December 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (Oct.) In line with the earlier BBA data, the Bank of England reported a further fall in mortgage approvals for house purchase in October. But with a strong economy and falling mortgage rates boosting... 1st December 2014 · 1 min read
UK Housing Market Data Response Nationwide (Nov.) & Land Registry (Oct.) House Prices Both the Nationwide and Land Registry reported a further cooling in underlying house price inflation in November and October respectively. With housing demand contracting, house price gains should... 28th November 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Oct.) The lack of a recovery in mortgage lending reflects a sharp slowdown in housing demand. However, with mortgage rates falling to new record lows, the economy set for robust growth and uncertainty over... 25th November 2014 · 1 min read
UK Housing Market Data Response Housebuilding (Q3) Housing starts suffered a surprise dip the third quarter. But with work in progress perceived as inadequate to meet expected demand, builders will be keen to up production. 20th November 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Oct.) According to the RICS survey house price gains are continuing to ease as housing demand contracts. But with mortgage rates dropping to a new record low, and the strength of the jobs recovery finally... 13th November 2014 · 1 min read
UK Housing Market Data Response CML Lending Trends (2014 Q3) The growth in mortgage lending continued to slow in the third quarter according to the CML. But the MMR has not led to a sharp drop in LTI or LTV ratios, and lending should pick up once housing demand... 11th November 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (Oct.) The latest Halifax house price index brought further evidence that the sharp drop in active housing demand since the turn of the year has taken much of the steam out of house prices. 6th November 2014 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Oct.) House prices increased in October following a dip in the previous month, according to the Nationwide. But the bigger picture is that, with housing demand constrained, underlying house price growth... 30th October 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (Sep.) According to the Bank of England, mortgage approvals fell once again in September, to a 14-month low. But with economic conditions still favourable, this weak patch shouldn’t last much longer. 29th October 2014 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Sep.) Following two months of very strong month-on-month growth, house prices dipped by 0.2% in September according to the Land Registry. Subdued demand suggests house price gains will continue to... 28th October 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Sep.) The British Bankers’ Association reported that mortgage approvals dropped in September, leading to the first annual decline in loans for 18 months. But with lenders planning to boost the availability... 23rd October 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Sep.) The September RICS survey has once again indicated that demand in the housing market is cooling, particularly in London. But there is tentative evidence that activity levels and price expectations are... 9th October 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (Sep.) While the rise of 0.6% m/m in September on the Halifax measure of house prices is perhaps stronger than expected, it remains the case that underlying house price inflation is cooling. With housing... 8th October 2014 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q3) Credit availability contracted in both the commercial and residential sectors in the third quarter, with mortgages seeing a particularly severe decline. But while lenders expect the availability of... 7th October 2014 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Sep.) The Nationwide reported that house prices fell for the first time in 17 months in September, providing further evidence of a cooling housing market. With other forward looking indicators also weak... 30th September 2014 · 1 min read