UK Housing Market Data Response BBA Mortgage Lending (Jun.) The BBA reported that mortgage approvals for house purchase rose for the second consecutive month in June, following upwards revisions to May’s data. That indicates that the disruption caused by the... 23rd July 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jun.) The June RICS survey provided further evidence that the housing market is cooling, with the new buyer enquiries, newly agreed sales and price expectations balances all easing. That said, stock levels... 10th July 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jun.) The month-on-month change in house prices recorded by the Halifax continues to be very volatile. While the drop in prices in June means values have now fallen in three of the past four months, a very... 9th July 2014 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Jun. 14) The Nationwide reported another strong month of house price growth in June, with prices up 1% m/m. London continues to drive the rise – the pace of annual gains in the capital has now exceeded... 2nd July 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (May 14) The drop in mortgage market activity seen since the turn of the year was extended into May. However, we think that approvals are unlikely to drop much further. Instead, we expect them to rise steadily... 30th June 2014 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (May 14) The Land Registry repeat sales index suggests that house price inflation may be levelling off in response to the sizeable drop in mortgage approvals seen since January. But it is too soon to be... 27th June 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (May 14) The recent run of falling mortgage approvals for house purchase looks to be coming to an end, with the BBA reporting approvals were more or less unchanged in May. But with the FPC expected to act to... 24th June 2014 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q2) The latest Credit Conditions survey suggests that lending activity in both the residential and commercial property sectors remains pretty well controlled. Admittedly, borrower demand is improving... 23rd June 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (May 14) The RICS survey provides further evidence that the surge in housing demand seen over the past year is losing momentum. But the housing market is not grinding to a halt, and the FPC will be mindful... 12th June 2014 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators statistics (Q1 14) The Help to Buy mortgage guarantee scheme has helped to almost double the share of mortgages advanced with a deposit of under 10%. And despite the gradual introduction of the MMR, the share of... 10th June 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (May 14) The very large rise in house prices reported by the Halifax in May comes after two months of declines, and underlying measures of growth are stable. Even so, expectations of house price gains are... 5th June 2014 · 1 min read
UK Housing Market Data Response Nationwide House Prices (May 14) The Nationwide reported a 0.7% m/m rise in house prices in May. This reflects the fact that, despite the recent dip in mortgage approvals, housing demand is still outpacing the supply of homes on the... 3rd June 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (Apr.14) According to the Bank of England mortgage approvals fell again in April, and are now 17% below their peak at the start of the year. Some of the decline is likely to reverse once the disruption caused... 2nd June 2014 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Apr.) The Land Registry figures show that prices in London continue to boom, with prices up £17,645 during April alone. While the Help to Buy mortgage guarantee scheme is not directly responsible for the... 30th May 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr. 14) The British Bankers’ Association reported that mortgage approvals dropped once again in April, and are now around 13% down on their peak in January. As such the data do little to support the idea of a... 27th May 2014 · 1 min read
UK Housing Market Data Response Housing Starts (Apr.) The strong rise in housing starts in April will ease fears that the recent soft patch in housing market activity will turn into an extended slowdown. 16th May 2014 · 1 min read
