UK Housing Market Data Response Mortgage Lending (Jun.) After three months of gains, the number of mortgages approved for house purchase showed a surprising drop in June. While this is almost certainly a blip, rather than an indication that banks are... 29th July 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jun.) The Land Registry reported that house prices increased by 0.6%m/m in June. But there is scant evidence that house prices are about to take-off - the annual rate stayed in the narrow band of 0.2% to 0... 26th July 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jun 13.) Mortgage lending by the major high street banks increased for the fourth consecutive month in June, funded by a further rise in mortgage repayments. But compared to May and April, the growth in... 23rd July 2013 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jun.) Housing market activity continues to pick-up, and the balance of surveyors expecting a further increase in sales is at a record high. But house prices are only expected to rise modestly over the next... 9th July 2013 · 1 min read
UK Housing Market Data Response Halifax House Prices (June 13) Halifax reports that house prices have risen for the fifth consecutive month, and on an annual basis prices are now growing at 3.7%, the highest rate in almost three years. But with more homes now... 4th July 2013 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q2 13) The Bank of England’s latest Credit Conditions survey shows that the supply of finance continues to improve in both the residential and commercial property sectors. However, there has been no easing... 3rd July 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (May.) The Bank of England reported that gross mortgage lending in May reached the highest level since the start of the financial crisis, and mortgage approvals for house purchase also saw a robust rise. But... 1st July 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (May) The Land Registry reported that prices were essentially flat over May, which helped bring the annual rate of inflation down a touch to 0.5%. Prices in London are still far outperforming the rest of... 28th June 2013 · 1 min read
UK Data Response Nationwide House Prices (Jun. 13) The Nationwide reported that house prices have continued to drift gently upward, with favourable base effects helping the annual rate of growth to a 2½ year high. But price gains are not accelerating... 28th June 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (May. 13) The BBA reported a strong rise in mortgage approvals in May, helped by Government interventions. But this improvement comes from a low base, and in aggregate the major banks are still withdrawing... 25th June 2013 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q1) Today’s data on mortgage lending and quoted interest rates underline the fact that the Funding for Lending Scheme is struggling to give a boost to lending. In turn, that highlights the risk that, in... 11th June 2013 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (May) Today's RICS residential property market survey suggests that a degree of liquidity is returning to the owner occupier market. In turn, this has taken a little of the steam out of the rental market. 11th June 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (Apr. 13) Mortgage approvals were virtually unchanged in April according to the Bank of England, providing further evidence that the Funding for Lending Scheme may just prevent further falls in mortgage lending... 31st May 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Apr. 13) Land Registry data for April point to house prices in the UK showing marginal gains, but that national average hides a very wide regional divergence. While prices in London are growing at an annual... 30th May 2013 · 1 min read
UK Data Response Nationwide House Prices (May. 13) The rise in house prices recorded by the Nationwide in May could further boost the growing sense of optimism regarding the housing market. But the fundamentals are still weak, and we think much of... 30th May 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr. 13) Mortgage approvals edged up in April, aided by record low mortgage rates and other Government support for the housing market. But a fourth consecutive fall in net lending suggests that mortgage market... 24th May 2013 · 1 min read