Filtered by Subscriptions: UK Housing Use setting UK Housing
This morning’s Daily Telegraph reported that, according to Lombard Street Research, housing affordability is now better than its long-term average. That much is uncontroversial. However, we disagree with their conclusion that the housing slump will be …
14th April 2009
This report is only available as a PDF. Click to download. … Mortgage approvals rise, but are still too low to stop price falls (Apr …
6th April 2009
This report is only available as a PDF. Click to download. … Halifax House Price Index (March) …
3rd April 2009
Given the severity of the decline in buyer interest over the past year or two, the recent reported increase is just a drop in the ocean. Buyer interest will need to rise significantly further before it can be expected to trigger a meaningful housing …
2nd April 2009
This report is only available as a PDF. Click to download. … Nationwide house prices (March) …
A recovery could be months away or it could be years away. Sooner or later, though, recover the UK economy will. And when it does, the landscape will have changed beyond recognition. … The next decade (Q2 …
1st April 2009
This report is only available as a PDF. Click to download. … Mortgage lending (February) …
30th March 2009
This report is only available as a PDF. Click to download. … UK Land Registry house prices (Feb.) …
27th March 2009
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (Feb.) …
24th March 2009
This report is only available as a PDF. Click to download. … RICS Residential Lettings Survey (January 2009) …
19th March 2009
Today’s Turner Review confirmed that the FSA is actively considering imposing limits on mortgage loan to value or loan to income ratios. Whether or not that is in the economy’s long term interest remains open to debate. But, in the short term, this news …
18th March 2009
This report is only available as a PDF. Click to download. … CLG House Prices (January) …
17th March 2009
The price of property sold at auction provides a useful steer on where the true market clearing price might be. It suggests that the market clearing price for residential property might already be some 30% to 40% down from its peak. … What are auction …
16th March 2009
This report is only available as a PDF. Click to download. … RICS Housing Market Survey (February) …
10th March 2009
This report is only available as a PDF. Click to download. … Halifax House Price Index (February) …
5th March 2009
This report is only available as a PDF. Click to download. … Mortgage lending unlikely to recover significantly this year (Mar 09) …
4th March 2009
This report is only available as a PDF. Click to download. … Nationwide House Prices (February) …
26th February 2009
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (January) …
24th February 2009
Although welcome, the resumption of lending by Northern Rock will not transform the mortgage market outlook overnight. However, it is also a sign that the Government is increasingly willing to intervene directly in the lending markets. At the very least, …
23rd February 2009
This report is only available as a PDF. Click to download. … CML buy-to-let lending (2008Q4) …
20th February 2009
This report is only available as a PDF. Click to download. … Mortgage arrears and possessions (Q4) …
To our minds, the weight of evidence suggests that the fair value level for house prices is currently in the region of £125,000. For context, that figure is some 17% below the Nationwide’s estimate of average house prices in January of £150,500 and 33% …
16th February 2009
This report is only available as a PDF. Click to download. … RICS Housing Market Survey (January) …
10th February 2009
The Nationwide and Halifax indices show that house prices are now almost 20% below their peak, meaning that there is still some way to go before our forecast of a 35% peak-to-trough fall is delivered. Yet, the chances that prices ultimately fall by more …
6th February 2009
This report is only available as a PDF. Click to download. … Halifax House Price Index (January) …
5th February 2009
The recession has gathered pace rapidly and we now expect consumer spending to drop by about 3.5% in real terms this year. Meanwhile, sterling’s sharp depreciation is an additional headache for retailers. … Passing on higher import costs may prove …
4th February 2009
This report is only available as a PDF. Click to download. … Grim economic backdrop to accelerate house price falls (Feb 09) …
3rd February 2009
This report is only available as a PDF. Click to download. … Mortgage lending (Dec.) …
30th January 2009
This report is only available as a PDF. Click to download. … Land Registry House Prices (Dec.) …
29th January 2009
This report is only available as a PDF. Click to download. … Nationwide house prices (January) …
This report is only available as a PDF. Click to download. … UK BBA Mortgage Lending (Dec.) …
26th January 2009
This report is only available as a PDF. Click to download. … FSA mortgage lending statistics …
22nd January 2009
Thanks to sharply rising unemployment, we expect mortgage arrears to surpass the early 1990s highs. While Government pressure on lenders to be more lenient with struggling households and the introduction of several measures to help borrowers in arrears …
15th January 2009
There is little evidence to suggest that house prices are close to their floor. Recent data support our view that house prices will fall a further 20% this year before stabilising in early 2010. This will leave them 35% below their peak. These forecasts …
14th January 2009
This report is only available as a PDF. Click to download. … RICS Housing Survey (Dec) & CLG house prices (Nov) …
13th January 2009
Today’s cut in interest rates to record low levels confirms that, for now at least, monetary policy remains focused on reducing the cost of money. We still expect rates to get down to zero, or very close, before the emphasis switches to boosting the …
8th January 2009
This report is only available as a PDF. Click to download. … Rise in buyer enquiries unlikely to herald a recovery (Jan 09) …
6th January 2009
This report is only available as a PDF. Click to download. … Nationwide house prices (December) …
Deflation is back! For the first time in very nearly half a century, the UK is likely to experience negative consumer price inflation in 2009. … Living with deflation (Q1 …
24th December 2008
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (Nov.) …
23rd December 2008
In contrast to the average homeowner, house-builders’ operational survival directly depends on their ability to sell their properties. Accordingly, house-builders will be more willing to drop property prices than existing homeowners will be. Effectively, …
22nd December 2008
The recent dreadful news on the UK economy and the fall in US interest rates very close to zero have convinced us that UK interest rates are set to fall even further than we had previously thought. Rates are effectively heading to zero on this side of the …
18th December 2008
At first glance, yesterday brought some rare positive news from the beleaguered housing market. According to the CML, first-time buyers’ share of mortgage lending rose to a three-and-a-half year high in October, and the RICS new buyer enquiries balance …
10th December 2008
This report is only available as a PDF. Click to download. … RICS Housing Survey (Nov) & CLG house prices (Oct) …
9th December 2008
New measures aimed at limiting the number of people losing their homes are unlikely to bring the housing market correction to an end, let alone bring about a revival. But, they could help to slow the pace of house price declines next year. However, if …
4th December 2008
This report is only available as a PDF. Click to download. … Halifax House Price Index (November) …
This report is only available as a PDF. Click to download. … Substantial house price falls still to come in 2009 (Dec 08) …
3rd December 2008
This report is only available as a PDF. Click to download. … Mortgage lending (October) …
1st December 2008
This report is only available as a PDF. Click to download. … Land Registry house prices (October) …
28th November 2008
This report is only available as a PDF. Click to download. … Nationwide House Prices (November) …
27th November 2008
