Although remortgaging remained unsurprisingly weak, lending for house purchase showed its first material annual growth in July for the first time since early 2007, according to the latest Council of Mortgage Lenders' survey. Read the [...]
The latest UK house price index statistics produced by Communities and Local Government were released on Tuesday 12 October 2010. The latest statistics release includes data based on mortgage completions during the month of August [...]
The Leeds City Region Economic Bulletin measures key trends to emerge from labour market, housing, planning and other relevant data in the city region and will be produced on a monthly basis. The bulletin is [...]
Despite growing evidence of a sharp weakening in the housing market, housing affordability remains severely stretched, particularly in the South. While the number of households experiencing difficulties servicing their mortgages remains historically low, continuing pressures [...]
The Bank of England’s latest figures for housing equity withdrawal (HEW) suggest that the situation facing home-owners has become more challenging. The Bank estimates that for the second quarter in succession individuals actually made a [...]
Mortgage interest payments are consuming less of borrowers' incomes as those able to get a mortgage are stretching themselves less financially and beginning to benefit from reductions in bank rate, according to new data from [...]
The latest UK house price index statistics produced by Communities and Local Government were released on Tuesday 17 March 2009. The latest statistics release includes data based on mortgage completions during the month of January 2009. The key [...]
New data from the Council of Mortgage Lenders graphically illustrates the sharp decline in mortgage lending activity over the past year. There were 516,000 house purchase loans in 2008, a decline of 49% from 2007 [...]
• UK house prices were 10.2 per cent lower than in December 2007. The mix-adjusted average house price in the UK stood at £195,317 in December 2008 (not seasonally adjusted).• UK house prices fell by 6.4 [...]
At the depth of the last housing market recession in 1993, 1.5 million households or more were estimated to have negative equity. Most sat tight, saved, continued to pay their mortgages and eventually recovered their [...]