UK Housing Market Update Arrears edge higher as BTL mortgage rates hit 6% Mortgage arrears were still low in Q2, but the number of Buy-to-Let (BTL) mortgages in early arrears increased at an alarming pace. We suspect that will continue in Q3. A growing number of landlords... 17th August 2023 · 4 mins read
UK Housing Market Outlook Renewed falls in activity and house prices imminent Our forecast that the Bank of England won’t start cutting interest rates until the second half of 2024 means mortgage rates are likely to stay between 5.5% and 6.0% for the next 12 months. That will... 4th August 2023 · 20 mins read
Event UK Drop-In: Bank of England – Another 50bps hike or back to 25bps? 3rd August 2023, 3:00PM BST Analysts are split on whether the BoE will repeat June’s 50bps rate hike at the August meeting or revert to the 25bps hikes now favoured by the Fed and the ECB. And the release of the BoE’s new...
How far will house prices fall? The rise in mortgage rates from record lows to about 6 per cent has reduced the size of loans that buyers can afford to take out. This has already prevented many people from buying, leading to a... 21st July 2023 · The Times
UK Housing Market Update Mortgage rates will plateau rather than fall The lower-than-expected CPI inflation data for June probably signals the end of the upward march in mortgage rates. But mortgage rates are likely to plateau rather than fall as the Bank of England... 19th July 2023 · 2 mins read
UK Housing Market Update Revisiting our estimates of lossmaking rental properties Mortgage rates have risen to a level that could cause costs on a fifth of rental homes to exceed the rent. That is likely to lead to a significant number of forced rental property sales, which will... 19th July 2023 · 4 mins read
US Housing Market Chart Pack US Housing Market Chart Pack This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 17th July 2023 · 1 min read
UK Commercial Property Update Credit Conditions Survey (Q2 2023) The narrowing in interest margins reported by mortgage lenders in the Credit Conditions Survey suggests that mortgage rates won’t fall significantly anytime soon. Meanwhile, it became more difficult... 13th July 2023 · 3 mins read
UK Housing Market Update RICS Residential Market Survey (Jun. 23) As we expected, the rise in the average quoted mortgage rate from 4.4% in May to 5.1% in June caused agreed sales and new buyer enquiries to slump. The deterioration in market conditions has left... 13th July 2023 · 3 mins read
London Housing Markets Chart Pack London Housing Chart Pack (Q3 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 10th July 2023 · 1 min read
UK Housing Market Update An uneven hit from higher mortgage rates The shift to fixed mortgage rates and the rise in the number of homes owned outright means that while some borrowers face a sharp rise in mortgage payments other homeowners will sit out this interest... 6th July 2023 · 5 mins read
UK Commercial Property Rapid Response S&P Global/CIPS Construction PMI (Jun 23) After two months of gains the headline CIPS construction PMI reversed course in May, dropping to a five-month low of 48.9, which indicated a contraction in activity. 6th July 2023 · 2 mins read
