UK Housing Market Data Response Housebuilding (Q1) While housing completions dipped during the first quarter of 2013, this is a lagging indicator and more significantly private housing starts increased. Various Government interventions should mean... 16th May 2013 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Apr.) The April residential market survey showed that surveyors are now more optimistic about the outlook for house sales and prices. While we share some of the optimism with regards to transactions, we are... 14th May 2013 · 1 min read
UK Housing Market Data Response CML Buy-to-Let Lending (Q1 13) The Funding for Lending Scheme proved unable to prevent a dip in buy-to-let (BTL) lending in the first quarter of 2013. While BTL lending should recover in the coming months, helped by underlying... 9th May 2013 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q1 13) It is too soon to declare Q1’s marginal rise in arrears and possessions to be the start of a deteriorating trend. But it seems clear that the steady improvement in the data, seen since the end of the... 9th May 2013 · 1 min read
UK Housing Market Data Response Halifax House Prices (Apr. 13) The Halifax reports that house prices continued to rise in April, and at a fairly strong pace. But other housing market data are not so positive, and taken together that suggests prices are just... 8th May 2013 · 1 min read
UK Data Response Nationwide House Prices (Apr. 13) The very slight drop in house prices recorded in April points to a housing market holding its ground. While prices in London are likely to see some further gains in coming months, prices for the UK as... 1st May 2013 · 1 min read
UK Data Response Mortgage Lending (Mar. 13) After two consecutive months of declines, mortgage approvals for house purchase staged a partial come back in March. A raft of Government interventions is likely to lead to further marginal increases... 30th April 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Mar. 13) Land Registry data for March showed that house prices are essentially flat, rising by just 0.1% during the month. It is hard to see what will generate price rises, but in the absence of a major shock... 29th April 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Mar. 13) According to the BBA, the number of mortgages approved for house purchase ticked up in March. Alongside other Government support, the extension to the Funding for Lending Scheme will help approvals... 24th April 2013 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Mar. 13) Housing market transactions have now risen to a three-year high, as the increase in mortgage approvals facilitated by the Funding for Lending Scheme feeds through. But the more recent contraction in... 9th April 2013 · 1 min read
UK Housing Market Data Response Halifax House Prices (Mar. 13) The modest rise in house prices recorded by the Halifax in March adds to the run of recent data showing the rise in housing market activity seen at the start of the year appears to be levelling off. 5th April 2013 · 1 min read
UK Housing Market Data Response RICS Lettings Survey (Jan. 13) The latest RICS Residential Lettings Survey shows tenant demand accelerated in the three months to January. Alongside the recent reduction in mortgage approvals, this provides further evidence that... 4th April 2013 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q1 13) Credit availability to the property sector, particularly residential mortgage credit, is still rising, helped by some lenders seeking to increase their market share. But the improvement is not as... 3rd April 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (Feb. 13) The largest drop in mortgage approvals for house purchase for a year provides further evidence that poor fundamentals are outweighing Government efforts to support the housing market. 2nd April 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Feb. 13) Land Registry data for February indicate that house prices are continuing to drift up. But while London will see further inflows of foreign capital seeking a safe haven, house prices in the rest of... 28th March 2013 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Mar. 13) Following two consecutive months of rises, house prices were flat in March. And with mortgage approvals now falling we doubt prices will show any sustained gains over 2013, despite the best efforts of... 28th March 2013 · 1 min read