Filtered by Subscriptions: UK Housing Use setting UK Housing
The price of property sold at auction suggests that, having risen slightly in recent months, the market clearing price for residential property has fallen back again. This may be a warning sign that recent rises in the major house price indices could be …
26th August 2009
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (July) …
25th August 2009
The recent rises in the major house price indices have fanned hopes that the worst of the housing market correction is now behind us. Yet price rises driven only by a temporary imbalance between the number of willing buyers and sellers will not be …
21st August 2009
Headline regional figures show that London house prices are rising again. However, contrary to popular perception, the available data suggest that this latest upturn is far from universal. Indeed, prices have yet to hit their floor in 13 of the capital’s …
20th August 2009
This report is only available as a PDF. Click to download. … CML buy-to-let lending (2009Q2) …
14th August 2009
This report is only available as a PDF. Click to download. … Mortgage arrears and possessions (Q2) …
This report is only available as a PDF. Click to download. … RICS Housing Survey (July) & CLG house prices (June) …
11th August 2009
On the face of it, the rise in mortgage approvals since the turn of the year together with the latest Bank of England credit conditions survey suggests that the mortgage credit freeze is beginning to thaw. However, the rise in approvals appears to have …
5th August 2009
This report is only available as a PDF. Click to download. … Halifax House Price Index (July) …
This report is only available as a PDF. Click to download. … Shortage of stock only a short-term support for prices (Aug 09) …
4th August 2009
This report is only available as a PDF. Click to download. … Nationwide house prices (July) …
30th July 2009
This report is only available as a PDF. Click to download. … Mortgage lending (June) …
29th July 2009
This report is only available as a PDF. Click to download. … Land Registry house prices (June) …
28th July 2009
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (June) …
23rd July 2009
The CML recently reported that, in the past two years, the percentage of first-time buyers being helped by their parents to gather a deposit has doubled. At first sight, this may suggest that parents are propping up first-time buyer activity. However, on …
22nd July 2009
House price falls are slowing and the economic outlook no longer looks as gloomy as it did at the turn of the year. Yet, while the housing market correction may proceed more slowly than we envisaged previously, the floor for house prices is not yet in …
16th July 2009
With the economy emerging tentatively from recession, the near-term outlook for consumer spending has improved since the previous Analyst. As a result, we have nudged up our forecasts for overall consumer spending. … Retail to suffer renewed period of …
This report is only available as a PDF. Click to download. … RICS Housing Survey (June) & CLG house prices (May) …
14th July 2009
This report is only available as a PDF. Click to download. … Reports of rising house prices are the exception, not the rule (Jul 09) …
9th July 2009
We have been asked by several clients about the difference between our measure of the house price to earnings ratio and that reported by the Halifax. The Halifax measure suggests that house prices need to fall by a further 8% to bring the house price to …
8th July 2009
This report is only available as a PDF. Click to download. … Halifax House Price Index (June) …
There is little doubt that the near-term outlook for the economy has improved. But there remains a huge amount of uncertainty about just what shape the recovery will take. … U, V or W? (Q3 …
7th July 2009
Today’s Credit Conditions survey from the Bank of England showed that the supply of mortgage finance appears to be slowly improving, but does not change our view that further price falls are very likely. The survey, along with the latest CIPS/Markit …
2nd July 2009
This report is only available as a PDF. Click to download. … Nationwide house prices (June) …
30th June 2009
Given the focus of much analysis of the housing market, a casual observer could be forgiven for thinking that the withdrawal of high loan to value mortgage products was the root cause of the slump in mortgage lending. In fact, the drop in high loan to …
29th June 2009
This report is only available as a PDF. Click to download. … Mortgage lending (May) …
This report is only available as a PDF. Click to download. … Land Registry house prices (May) …
26th June 2009
Property markets were not a key feature of the Bank of England’s latest Financial Stability Report (FSR). However, the focus of the report, on tighter regulation in future, adds to the case for thinking that credit supply right across the economy will not …
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (May) …
23rd June 2009
This report is only available as a PDF. Click to download. … RICS Residential Lettings Survey (April 2009) …
22nd June 2009
This report is only available as a PDF. Click to download. … FSA mortgage lending statistics (2009Q1) …
The recent improvement in economic sentiment has been reflected in a shift in residential property derivative pricing. However, while we agree that house price declines in 2009 and 2010 will be smaller than previously expected, we suspect that the implied …
17th June 2009
The received wisdom is that, during the current correction, supply shortages will ensure that the price of detached family homes hold up far better than the price of flats, particularly in the oversupplied new-build city centre market. Our analysis …
11th June 2009
Yesterday, we revised up our forecasts for economic growth in the UK. Our new forecasts still leave the economy on a very weak path, which will not prevent further falls in employment and household income. As such, hopes that house prices are approaching …
9th June 2009
This report is only available as a PDF. Click to download. … RICS Housing Survey (May) & CLG house prices (April) …
This report is only available as a PDF. Click to download. … Halifax House Price Index (May) …
4th June 2009
This report is only available as a PDF. Click to download. … Pause in house price falls likely to prove temporary (Jun 09) …
3rd June 2009
This report is only available as a PDF. Click to download. … Mortgage lending (Apr.) …
2nd June 2009
This report is only available as a PDF. Click to download. … Land Registry House Prices (April) …
1st June 2009
This report is only available as a PDF. Click to download. … Nationwide House Prices (May) …
29th May 2009
The improvement in buyer interest in recent months has raised hopes of an imminent recovery. However, we think this is overly optimistic. When looked at in perspective, the recent upturn has been very modest and seems fully consistent with today’s BBA …
27th May 2009
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (April) …
Figures released by the CML last week showed that mortgage arrears in the buy-to-let (BTL) market are running ahead of those in the wider market. This is a relatively new development but, over the next few years, we suspect that it may become the norm. … …
22nd May 2009
This report is only available as a PDF. Click to download. … CML buy-to-let lending (2009Q1) …
15th May 2009
This report is only available as a PDF. Click to download. … Mortgage arrears and possessions (Q1) …
Official interest rates have reached their floor, but while recent press speculation has focused on the idea that mortgage interest rates are more likely to rise than fall from here, we think there is still scope for a modest further fall. … Can mortgage …
14th May 2009
This report is only available as a PDF. Click to download. … RICS Housing Survey (Apr) & CLG house prices (Mar) …
12th May 2009
Measures of mortgage affordability are suggesting that houses are already good value. But these measures are reflecting the abnormally low current level of interest rates. When interest rates return to normal, affordability will deteriorate. This effect …
7th May 2009
This report is only available as a PDF. Click to download. … Halifax House Price Index (Apr.) …
6th May 2009
This report is only available as a PDF. Click to download. … Activity rises, but floor for house prices is a long way off (May 09) …
5th May 2009
