UK Data Response Nationwide House Prices (Sep.) & Mortgage Lending (Aug.) The unexpectedly strong rise in mortgage approvals, combined with a marginal rise in the Nationwide house price index, might suggest that the risk of further house price falls is receding. But, in our... 30th September 2011 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Aug.) House prices softened in August. But the market appears to be becoming increasingly polarised along regional lines. London still looks reasonably resilient for now, whereas northern regions are... 29th September 2011 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q3) Today’s Bank of England Credit Conditions Survey suggested that the near-term outlook for residential property lending, if anything, may be slightly more positive than in the commercial property... 29th September 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Aug.) The BBA measure of mortgage approvals rose to a 15-month high in August. But given the weak outlook for growth and employment and still tight credit conditions, the chances that this will mark the... 24th September 2011 · 1 min read
UK Housing Market Data Response FSA Mortgage Lending Statistics (Q2) Credit conditions may have held broadly stable in Q2, but while the availability of mortgage lending is this tight, the influence on housing market activity and prices is still downwards. 14th September 2011 · 1 min read
UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Aug/Jul) The latest RICS housing market survey pointed to the return of buyer caution in August, as sales dropped to their lowest level in over two years. London remained the exception to the rule, with house... 14th September 2011 · 1 min read
UK Data Response Halifax House Prices (Aug.) With all of the house price data relating to August released so far reporting month-on-month falls, the evidence of renewed weakness in prices is building. Admittedly, it is too early to draw firm... 8th September 2011 · 1 min read
UK Data Response Nationwide House Prices (Aug.) August’s drop in average house prices may be little more than noise in the broadly flat trend seen in recent months. But with the recovery faltering and consumer confidence weakening it could also... 2nd September 2011 · 1 min read
UK Housing Market Data Response RICS Lettings Survey (Jul.) Rental demand remained healthy in the three months to July. But there was tentative evidence that high rents may be beginning to take their toll. In any event, surveyors have become slightly less... 1st September 2011 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) The latest rise in mortgage lending may be a response to the increasingly competitive mortgage interest rates available to some borrowers in recent months. However, demand still remains depressed... 31st August 2011 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jul.) July’s rise in house prices is the largest month-on-month rise since early 2010. However, prices remain well below pre-crisis levels. Moreover, with the squeeze on household finances set to continue... 27th August 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jul.) July’s rise in mortgage approvals extends to three months the period over which mortgage market activity has been on the increase. But with the economic recovery hitting the buffers, this is unlikely... 24th August 2011 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q2)2 Buy-to-let (BTL) lending bounced back in Q2 from the first quarter’s dip. However, lending is still very subdued compared to pre-recession levels and, in view of the faltering economic recovery, the... 12th August 2011 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q2)1 Mortgage possessions and arrears were broadly unchanged in the second quarter. However, taking the year as a whole, given the fragile economic and labour market outlook, it would be a surprise if they... 12th August 2011 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Jul.) The RICS survey makes dispiriting reading on any level. The latest falls in house prices will further dent confidence among homeowners. However, to date, the falls have done little to help first-time... 10th August 2011 · 1 min read
UK Data Response Halifax House Prices (Jul.) The latest rise in house prices in July will be seen by some as a sign that the market has found a new equilibrium. However, increasingly downbeat news regarding the wider economy and the fact that... 6th August 2011 · 1 min read
