UK Housing Market Chart Pack London house prices rally while rents drop The increase in working from home that appears to have led buyers to put less emphasis on location and more on space has not undermined London house prices. As of September, house price growth in the... 9th December 2020 · 7 mins read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q3) The surge in mortgage lending to its highest level since before the financial crisis has come despite banks curbing riskier loans. If we are right to think that house prices will dip, that should... 8th December 2020 · 2 mins read
UK Housing Market Data Response Halifax House Prices (Nov.) There was no sign whatsoever of the surge in house prices abating in November as annual growth in the Halifax index rose to a fresh four-year high. Tight market dynamics suggest that prices will... 7th December 2020 · 2 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Nov.) 4th December 2020 · 3 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Nov.) The rise in the headline construction PMI in November showed that the industry continued to recover even as overall economic activity probably contracted again. But builders’ optimism that this will... 4th December 2020 · 3 mins read
UK Housing Market Data Response Nationwide House Prices (Nov.) Despite GDP being set for its biggest fall in 300 years this year, annual house price growth accelerated to its highest rate since January 2015 in November. The divergence has only been possible due... 1st December 2020 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Oct.) Very strong demand allowed mortgage approvals to surge yet higher in October even as banks cut back on high LTV lending. Approvals are likely to rise even further in the run up to end of the stamp... 30th November 2020 · 2 mins read
UK Housing Market Focus House prices set to dip in 2021 The negative economic impacts of COVID-19 have bypassed the housing market so far due to the extraordinary support measures put in place by the government, regulators, and banks. But while policy has... 27th November 2020 · 12 mins read
UK Housing Market Update Stamp duty holiday turning out to be a mistake With the benefit of hindsight, the stamp duty holiday was not necessary to get the housing market moving again. And the end of the holiday in March will insert a cliff edge in demand at the exact... 20th November 2020 · 3 mins read
UK Housing Market Update Can the housing market continue to shrug off job losses? History suggests that large falls in employment can lead to big falls in house prices. The furlough scheme, mortgage holidays, and a moratorium on possessions have insulated the housing market from... 17th November 2020 · 3 mins read
UK Housing Market Data Response RICS Residential Market Survey (Oct.) The housing market remains exceedingly buoyant, with both the number of sales and house prices rising further in October. But like us, surveyors are increasingly doubtful that the price gains and... 12th November 2020 · 2 mins read
UK Housing Market Chart Pack Summer surge in prices subsides Housing market activity is booming as pent up demand from the first lockdown is expended and buyers rush to take advantage of the stamp duty cut. There are some tentative signs, though, that the surge... 11th November 2020 · 9 mins read
UK Housing Market Update Could cladding issues weigh on the housing market? Cladding issues are a downside risk to our already weak housing transactions forecasts for next year. If there continues to be severe testing delays and no change in policy, transactions could end up... 9th November 2020 · 3 mins read
UK Housing Market Data Response Halifax House Prices (Oct.) The smallest monthly increase in house prices since June shows that the surge in house prices was losing steam even before the second lockdown was announced. With the economic outlook deteriorating... 6th November 2020 · 2 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Oct.) The fall in the headline construction PMI to its lowest level since May shows that the recovery in activity was waning even before the second lockdown began. Admittedly, construction sites will remain... 5th November 2020 · 3 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Oct.) The fall in the headline construction PMI to its lowest level since May shows that the recovery in activity was waning even before the second lockdown began. Admittedly, construction sites will remain... 5th November 2020 · 3 mins read
