UK Housing Market Data Response Halifax House Prices (Apr.) A renewed surge in house prices following the extension of the stamp duty holiday drove annual growth in the Halifax house price index up to a five-year high in April. Demand remains very strong, so... 10th May 2021 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Mar.) The surge in mortgage advances to an all-time high in March reflected the rise in housing transaction volumes to their highest level on record in the same month. Meanwhile, despite the extension of... 4th May 2021 · 2 mins read
UK Housing Market Data Response Nationwide House Prices (Apr.) House prices regained momentum in April following the extension to the stamp duty holiday. As a result, an acceleration in annual house price growth into double digits over the summer is now all but... 30th April 2021 · 2 mins read
UK Housing Market Update How the housing market survived COVID-19 All four previous recessions in the UK led to a sharp slowdown or an outright fall in house prices. But 2020 was very different, with house price growth accelerating to a six-year high despite the... 28th April 2021 · 4 mins read
UK Housing Market Focus Have house prices surged to an unsustainable level? The surge in house prices and very high transaction volumes have led to concerns that the housing market is entering a bubble. After all, the house-price-to-earnings ratio has risen to a fresh all... 22nd April 2021 · 10 mins read
UK Housing Credit Conditions Survey (Q1 2021) Robust house price growth and the prospect of a strong economic recovery have caused banks’ risk appetite to return. As a result, banks expect to increase the availability of high LTV loans and reduce... 15th April 2021 · 3 mins read
UK Housing Market Update Rise in long-term interest rates won’t crash house prices Long-term interest rates have risen sharply since the end of 2020 and may rise further, but that shouldn’t be a drag on the housing market. In fact, we think that mortgage rates will fall a little... 13th April 2021 · 3 mins read
UK Housing Market Data Response Halifax House Prices (Mar.) The rise in house prices recorded by Halifax in March probably marks the start of a renewed surge in house price inflation into double figures over the summer. 9th April 2021 · 2 mins read
UK Housing IHS Markit/CIPS Construction PMI (Mar.) A broad-based strengthening in construction activity pushed up the construction PMI to a six-and-a-half-year high in March. Strong housing and logistics development will continue to support... 8th April 2021 · 2 mins read
UK Housing Market Data Response RICS Residential Market Survey (Mar.) The extension of the stamp duty holiday has given the ongoing housing market boom renewed momentum and could push house price inflation up from 6% in March well into double figures by the summer. 8th April 2021 · 2 mins read
UK Housing Is build-to-rent investment about to take off? While investment in build-to-rent developments has been notably resilient over the past year, we continue to think that the growth of the sector will be slow for two reasons. First, high house prices... 7th April 2021 · 3 mins read
UK Housing Market Chart Pack Underperforming, but not by much While London house price growth and transactions volumes have underperformed their national equivalents over the past year, they have been robust in absolute terms. Indeed, the peak in house price... 1st April 2021 · 6 mins read
UK Housing Market Data Response Nationwide House Prices (Mar.) The small month-on-month decline in house prices recorded by Nationwide in March probably reflects a temporary softening in demand before the stamp duty holiday was extended. Judging by other... 31st March 2021 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Feb.) The rush to beat the original stamp duty holiday deadline in March pushed mortgage advances up to their highest level since 2016 in February. And while approvals for house purchase did start to cool... 29th March 2021 · 2 mins read
UK Housing Market Update Has the pandemic changed housing demand? Recent movements on house prices show only limited evidence that COVID-19 has substantially changed where people want to live. While central London has underperformed, central Manchester and... 23rd March 2021 · 3 mins read
UK Housing Market Chart Pack Tight market could drive prices higher still There were signs that buyer demand would hold up well this year even before the government announced the extension to the stamp duty holiday in the Budget. Since then, Google searches for property... 17th March 2021 · 8 mins read
