Filtered by Subscriptions: UK Housing Use setting UK Housing
In recent months, the housing market correction has gathered momentum. The economy is also poised for three years of sub-trend growth and unemployment looks set to reach a 12-year high. We believe that house price falls will be extended into 2010 and, as …
17th June 2008
We believe that new dwelling completions in England could fall from 175,000 last year to 135,000 by end-2009, a 25% drop. Past housing market corrections have triggered falls of at least 15% in new dwelling completions, and we see no reason why it will be …
11th June 2008
This report is only available as a PDF. Click to download. … CLG House Prices (Apr.) & Mortgage rates (May) …
10th June 2008
This report is only available as a PDF. Click to download. … RICS Housing Market Survey (May) …
This report is only available as a PDF. Click to download. … Halifax House Price Index (May) …
5th June 2008
This report is only available as a PDF. Click to download. … Housing market correction has much further to run (Jun 08) …
3rd June 2008
This report is only available as a PDF. Click to download. … Mortgage lending (April) …
2nd June 2008
This report is only available as a PDF. Click to download. … Land Registry house prices (Apr.) …
30th May 2008
This report is only available as a PDF. Click to download. … Nationwide house prices (May) …
29th May 2008
The household saving rate is set to rise significantly from its recent record lows, with clear adverse implications for household spending. But the consequences for the savings industry, in particular, hinge crucially on how the rise comes about. We think …
28th May 2008
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (Apr.) …
27th May 2008
This report is only available as a PDF. Click to download. … RICS Residential Lettings Survey (2008Q1) …
22nd May 2008
This report is only available as a PDF. Click to download. … CML buy-to-let lending (2008Q1) …
21st May 2008
Over the past decade, the capital gains on residential property on offer have been an additional attraction to owning a second home. But now that the housing market correction is underway, second homes will no longer be considered as a profitable …
20th May 2008
The recent dreadful news on inflation and the Bank of England’s hawkish Inflation Report suggest that interest rates will not fall as quickly this year as we had previously hoped – we have raised our yearend forecast from 4.0% to 4.5%. But the result is a …
15th May 2008
This report is only available as a PDF. Click to download. … RICS Housing Market Survey (Apr.) & CLG house prices (Mar.) …
13th May 2008
This report is only available as a PDF. Click to download. … Mortgage and landlord possession actions (2008Q1) …
9th May 2008
Poor levels of affordability, tight lending criteria, and further expected capital losses on houses, imply both strong growth in the demand for rental accommodation and limited growth in supply. Accordingly, the outlook for rental growth is promising. We …
8th May 2008
This report is only available as a PDF. Click to download. … Slump in approvals point to further house price falls (May 08) …
6th May 2008
Consumer spending remains on course for its sharpest slowdown since the early 1990s. We expect spending to rise by 1.5% in real terms this year and just 1.0% in 2009 – with the main risks to these forecasts to the downside. … Several years of sluggish …
2nd May 2008
House price indices differ in their coverage. The Nationwide and Halifax include only sales on which they approve the mortgage, roughly 8% and 20% respectively of the 75% of sales which are mortgagefinanced. Meanwhile, the Land Registry includes …
This report is only available as a PDF. Click to download. … Halifax House Price Index (April) …
Despite some of this morning’s headlines, the main thrust of today’s Financial Stability Report (FSR) was that downside risks to the financial system, property markets and to the broader economy remain. The Bank highlighted the buy-to-let sector as a …
1st May 2008
This report is only available as a PDF. Click to download. … Nationwide house prices (Apr.) …
30th April 2008
This report is only available as a PDF. Click to download. … Mortgage lending (Mar.) …
29th April 2008
This report is only available as a PDF. Click to download. … Land Registry house prices (Mar) …
28th April 2008
Many owner-occupiers are engaged in a form of speculation, in that whether, when, and how much space they buy is heavily influenced by their beliefs about the future course of house prices. As it becomes widely recognised that house prices are set to …
23rd April 2008
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (Mar.) …
Recent housing data suggest that although our forecast of a 5% fall in house prices this year is broadly on track, the risk of a weaker outcome has risen. We have also reduced our forecasts for economic growth both this year and next. The Bank of …
22nd April 2008
Developments over the past quarter have highlighted the downside risks to our house price forecasts. Accordingly, we have cut them. We now think that house prices will fall by 8% this year, rather than 5%. We have also nudged down our forecasts for 2009, …
21st April 2008
Clients may have seen an article in the Telegraph on Wednesday 16th April which reported that, according to research company Mintel, mortgage payments now take up a record 25% of the average household’s post-tax income. The report also noted that this …
18th April 2008
This report is only available as a PDF. Click to download. … CLG House Prices (Feb.) …
15th April 2008
This report is only available as a PDF. Click to download. … RICS Housing Market Survey (Mar.) …
By mid 2009, we expect base rates to have fallen 175 basis points (bps), to just 3.5%. Borrowers with an existing tracker mortgage will benefit, but new borrowers or those looking to remortgage may see mortgage interest rates fall by just half that …
9th April 2008
This report is only available as a PDF. Click to download. … Halifax House Price Index (March) …
8th April 2008
This report is only available as a PDF. Click to download. … Further house price falls on the way (Apr 08) …
3rd April 2008
This report is only available as a PDF. Click to download. … Bank of England Credit Conditions, 2008Q1 …
This report is only available as a PDF. Click to download. … UK Mortgage lending (February) …
2nd April 2008
The UK’s current account deficit has reached unsustainable levels. And any correction is likely to be very painful for the wider economy, incorporating a prolonged period of very weak domestic growth. We think that the UK economy will grow by just 1% next …
This report is only available as a PDF. Click to download. … Land Registry house prices (February) …
1st April 2008
Affordability in the housing market has never been worse. This is not the message given by standard measures because, by focusing only on initial payments, they ignore the fact that the real value of debt falls more slowly in a low inflation world. A …
31st March 2008
This report is only available as a PDF. Click to download. … Nationwide house prices (March) …
28th March 2008
This report is only available as a PDF. Click to download. … BBA Mortgage Lending (February) …
27th March 2008
This report is only available as a PDF. Click to download. … CLG House Prices (Jan) & Mortgage Rates (Feb) …
11th March 2008
This report is only available as a PDF. Click to download. … RICS Housing Market Survey (February) …
The latest annual European Housing Report published by the Royal Institution of Chartered Surveyors (RICS) echoed other evidence pointing to a general slowdown in the pace of activity and price increases in housing markets across the region during 2007, …
7th March 2008
This report is only available as a PDF. Click to download. … RICS Residential Lettings Survey (Q4) …
6th March 2008
This report is only available as a PDF. Click to download. … Halifax House Price Index (Feb.) …
This report is only available as a PDF. Click to download. … Unsold stocks surge; house prices to remain under strain (Mar 08) …
3rd March 2008
This report is only available as a PDF. Click to download. … UK N'wide House Prices (Feb) & Mortgage approvals (Jan) …
29th February 2008
