The Bank of England’s ‘Lending to Individuals’ announcement this week for December 2011 should some increases across the board with overall lending. The total lending rose by £0.4 billion – although this was less that the previous 6 months average of £0.9 billion. This was however the end of quite a turbulent year. Within the [...]
Categories: News |
Tags: Bank of England, BoE, Lending, Lending to Individuals, mortgages, Property | 
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The Land Registry House Price Index, seen the one of the most accurate covering all purchases whether via credit or cash, has again shown that in December London continues to buck the trend. The overall index was totally flat with a 0% change over the month, keeping house prices at an average of £160,384. This [...]
Categories: House Price Index |
Tags: December HPI 2011, House Price Index, house prices, Land Registry, price index, Purchase | No Comments »
The Council of Mortgage Lenders saw growth returning in the later part of 2011, with a year on year rise in November for only the second time in the year. Loans for house purchase was up 4% to 47,000 against October – which represented a 5% increase in value. Year on Year this represented a [...]
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Tags: Bank of England, CML, Council of Mortgage Lenders, Interest rates, lenders, mortgage, Mortgage Lending | No Comments »
According to Rightmove, the early signs for 2012 shows an increase in search activity – up 27% on 2011 with 44 million property searches. Rightmove see this partially due to pent up demand due to the continuing lack of mortgage funding. They also believe that Estate agents are marketing the lowest number of properties ever [...]
Categories: House Price Index |
Tags: Asking Prices, BTL, Estate Agent, investors, January, January HPI 2011, January HPI 2012, mortgage, Property, Rightmove | No Comments »
The RICS Housing Market Survey for December saw sales activity ending the year a little stronger than earlier in 2011 – although still below historical averages. On the whole this message aligns with those for mortgages approvals and house prices. Although the average number of sales per surveyor was slightly down at 15.2 from last [...]
Categories: RICS House Price Balance |
Tags: House Price Balance, house prices, Housing Market, Housing Market Survey, RICS, surveyor, Surveyors | No Comments »
The Bank of England’s Monetary Policy Committee (MPC) yesterday announced that it is keeping the official Bank Rate at 0.5% – the historical low that was first reach in March 2009 – nearly 3 years ago. Amongst lots of speculation as to increased rates during 2011 this never materialised and indeed 2012 is starting off [...]
Categories: Bank Interest Rates |
Tags: Bank of England, Interest rates, monetary policy, monetary policy committee, MPC | No Comments »
After some relatively positive figures from the Nationwide’s House Prices Index, both the Land Registry November 2011 HPI statistics and the Halifax December 2011 HPI figures show a fall in house prices in 2011. December was a negative month for Halifax with a fall in prices by -0.9%, ending the final three months of 2011 [...]
Categories: House Price Index |
Tags: December HPI 2011, Halifax, House, house prices, Land Registry, Nationwide, Property | No Comments »
The Bank of England Lending to Individuals statistics report an overall increase in lending to individuals up by £1.0 billion. Within that lending, that secured on dwellings rose by £0.6 billion, continuing the steady and slow increase over the last four months. Gross lending secured on dwellings was £12.6 billion in November (Table B), higher [...]
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Tags: bank lending, House, Lending, Lending to Individuals, loan approvals | No Comments »
The Rightmove December HPI sees only a 1.5% increase over the year 2011, ending quite an uncertain year pretty unchanged – albeit positive. The average asking price for December was £223,766 – down -2.7% in the month from Novembers Index. With RPI still at 5.2% this does actually represent nearly a 4% fall in real [...]
Categories: House Price Index |
Tags: asking price, December HPI 2011, HPI, Property, Rightmove | No Comments »
The Council of Mortgage Lenders figures for October shows that mortgages are the most affordable for eight years – greatly helped by the low interest rates that have been held for over 2.5 years. First time deposit requirements have also remained stable in recent months, at an average of 20% – however their monthly interest [...]
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Tags: CML, Council of Mortgage Lenders, house purchase, interest payments, Interest rates, lenders, mortgages | No Comments »
February 3, 2012 | 
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