UK Data Response Nationwide House Prices (Aug.) October’s rise in the Halifax house price index was widely expected, given the size of the previous month’s drop. Moreover, although far stronger than consensus estimates for a 0.6% rise, the... 2nd September 2010 · 1 min read
UK Data Response Mortgage Lending (Jul.) The Bank of England’s mortgage lending statistics for July showed a marginal rise in both the value and volume of mortgages approved. However, the bigger picture is still of subdued activity in the... 31st August 2010 · 1 min read
UK Data Response Mortgage Lending (Jul.) The Bank of England’s mortgage lending statistics for July showed a marginal rise in both the value and volume of mortgages approved. However, the bigger picture is still of subdued activity in the... 31st August 2010 · 1 min read
UK Housing Market Data Response RICS Lettings Survey (Jul.) With the continued rationing of credit keeping many would-be buyers in rented accommodation and the supply of rental properties declining as accidental landlords sell up, at first glance the outlook... 31st August 2010 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) The Bank of England’s mortgage lending statistics for July showed a marginal rise in both the value and volume of mortgages approved. However, the bigger picture is still of subdued activity in the... 31st August 2010 · 1 min read
UK Economics Weekly Is the latest housing downturn just another blip? After a weak start to the year, the subsequent modest improvement in the housing market has recently begun to peter out. It may be that this is nothing to worry about, especially given that the wider... 30th August 2010 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jul.) The Land Registry house price index highlights a clear North/South divide. But while London and the South have consistently outperformed over the past year, we doubt that house prices in these regions... 27th August 2010 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jul.) The latest mortgage lending snapshot from the BBA suggests that growing pressure on household finances, rising fears about job security and still-tight lending criteria are depressing activity in the... 24th August 2010 · 1 min read
UK Housing Market Update How will home-owners respond to renewed signs of house price falls? As signs that the past year’s house price gains are going into reverse become more widespread, the number of active sellers in the housing market is likely to decline. But a fall in house price... 19th August 2010 · 1 min read
UK Housing Market Update Are asking prices a reliable lead indicator? Yesterday’s fall in asking prices reported by Rightmove was noticeably stronger than the traditional dip normally observed in August. Admittedly, despite their timely nature the data’s track record as... 17th August 2010 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q2) The recovery in buy-to-let (BTL) lending in the second quarter was noticeably stronger than in the wider mortgage market. But it will be a long time before BTL lending regains the market share it... 12th August 2010 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q2) Mortgage arrears and possessions continued to improve in the second quarter of the year. But with tax increases and public sector spending cuts set to intensify the pressure on household incomes and... 12th August 2010 · 1 min read
