UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Jan/Dec) Housing sales may be receiving a moderate boost from the looming expiry of the latest stamp duty holiday in March. But today’s RICS survey showed that buyer enquiries dropped back in January. This... 14th February 2012 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q4) Mortgage arrears and possessions declined in the final quarter of last year and were at their lowest level for four years in 2011 as a whole. But it is difficult to envisage a repeat performance in... 9th February 2012 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q4) Buy-to-let was a bright spot within a subdued mortgage market last year. But activity ground to a halt in the fourth quarter – a reminder that landlords are not immune to the fears of a double-dip... 9th February 2012 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jan.) The latest rise in the Halifax house price index does little to detract from the underlying downward trend on this measure. And given rising unemployment and the fact that valuation metrics suggest... 6th February 2012 · 1 min read
UK Data Response Nationwide House Prices (Jan.) It is still too early to tell whether the latest fall in the Nationwide house price index is confirmation of a renewed downward trend. However, given that the economy is already contracting... 1st February 2012 · 1 min read
UK Data Response Mortgage Lending (Dec.) With the economy now contracting again and further job losses to come, it was perhaps not surprising that the recovery in mortgage approvals seems to have run out of steam. 31st January 2012 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Dec.) Flat house prices at the national level concealed the usual wide variation in regional house price movements in December. However, with unemployment set to rise everywhere, including London, we expect... 30th January 2012 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Dec.) In aggregate, December’s rise in the BBA measure of mortgage approvals only made up around half of last month’s fall. And given the prospect of tighter credit conditions and a renewed recession, the... 25th January 2012 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Dec.) The latest RICS housing market survey indicated that house prices are likely to remain broadly stable in the first few months of 2012. However, according to the balance of price and sales expectations... 10th January 2012 · 1 min read
UK Data Response Halifax House Prices (Dec.) Today’s data from Halifax show that house prices fell in four of the final five months of 2011. With the economy set to re-enter recession and the recent rise in unemployment having much further to... 6th January 2012 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Today’s Credit Conditions Survey showed that the supply of residential mortgage finance continues to improve slowly. But with lenders now tightening credit scoring criteria again, this is less... 5th January 2012 · 1 min read
UK Housing Market Data Response Mortgage Lending (Nov.) The latest mortgage lending figures confirm that housing market activity remains subdued. That is unlikely to change while rising unemployment and low consumer confidence depress the demand for... 4th January 2012 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Nov.)11 There was little in today’s lending data to suggest that mortgage approvals are likely to break out of their recent narrow range any time soon. And with both the economy and the wholesale mortgage... 23rd December 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Nov.) There was little in today’s lending data to suggest that mortgage approvals are likely to break out of their recent narrow range any time soon. And with both the economy and the wholesale mortgage... 23rd December 2011 · 1 min read
UK Housing Market Data Response FSA Mortgage Lending Statistics (Q3) FSA data released this morning suggest that credit conditions are acting as a brake on housing activity and therefore are probably putting downwards pressure on house prices. Consistent with that, the... 13th December 2011 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Nov.) The latest RICS Housing Market Survey reported a slight moderation in the pace of house price falls in November. Yet the stock of unsold properties neared a threeyear high this month, suggesting that... 13th December 2011 · 1 min read
