Sales growth picks up speed as solid demand begins to filter through

Despite the fact that sales growth has gained significant momentum over the month, lack of new sales instructions and limited stock are seen as substantial restraints. The September 2015 Residential Market Survey results indicate that this may dampen transaction growth in the future. Although they report that demand is strengthening.
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Annual house price growth edges up in April

The strength of the economy and relatively subdued pace of activity in the housing market remains something of an anomaly. It is possible that heightened uncertainty ahead of the election is weighing on activity, though there is no compelling evidence from previous UK elections to suggest a strong impact.
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Housing supply remains tight

House prices in the latest three months (December-February) were 2.6% higher than in the previous three months (September-November). The quarterly rate of change increased for the second successive month.
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January shows bounce back in house price growth

House prices in the latest three months (November-January) were 1.9% higher than in the previous three months (August-October). The quarterly rate of change increased for the first time since July 2014, but remained below the rates recorded between June and September last year.
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Lending to Individuals increased by £2.7 billion in September

The Bank of England’s Money and Credit statistics have been released showing Septembers statistics.
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Bank of England says Mortgage approvals down in September

The number of loan approvals for house purchase was 61,267 in September, compared to the average of 64,720 over the previous six months. The number of approvals for remortgaging was 30,500, compared to the average of 31,632 over the previous six months.
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Strong increase in lending to individuals

The Bank of England’s Money and Credit statistics were released this week and show a strong increase in lending to individuals. The figures specific to property, or ‘Dwellings’ as the bank terms it, are also strong.
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Nationwide HPI shows continued stable increase

The Nationwide August HPI has seen continued stable rises in house prices with the 16th successive monthly increase. Monthly increase of 0.8% since July 2014, which saw a small 0.2% increase.
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Bank Lending continues to increase

The Bank of Englands Money and Credit release for July 2014 shows an increase in lending. Lending secured on dwellings was up by £2.3 billion compared to an average 6th monthly increase of £2.0 billion.
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Static house price growth in July

The Nationwides July House price Index sees price growth being moderated in the UK with key figures being: UK house price rise of just 0.1% in July, the slowest since April 2013 and a virtual stand still Double digit annual house price growth, although down to 10.6% from 11.8% in June Average UK House Price for July is £188,949 Commenting on the figures, Robert Gardner, Nationwides Chief Economist, said: “Although UK house prices recorded their fifteenth successive monthly increase in July, the pace of growth slowed. The price of a typical home increased by just 0.1% over the month, while the annual rate of price growth moderated to 10.6% from 11.8% in June. “The slowdown was not entirely unexpected, given mounting evidence of a moderation in activity in recent months. Mortgage approvals declined by almost 20% between January and May, and there has also been some softening in forward looking indicators,...
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Lending on dwellings increased in May

Lending specifically secured on dwellings was also up by £2.0 billion in May to £16.9 billion, up substantially compared to the monthly average over the last 6 months increase of £1.5 billion.
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Halifax sees house prices rise by 2.3%

Halifax House Price Index released today shows that house prices have risen over the three months to April 2014, although they have fallen back a bit over the month. Key Facts Over the month house prices have fallen by -0.2%, however the three months to April they were 2.3% higher than the previous 3 months The past eleven months have seen a steady growth between 1.8% and 2.3% The prices over the three months to April were 8.5% higher than the same period in 2013. The average house price now stands at £177,648 Commenting, Stephen Noakes, Mortgages Director, said: "House prices in the three months to April were 2.3% higher than in the three months to January. Annually prices were 8.5% higher in the three months to April than in the same three months last year. However, prices fell marginally during the month representing a second successive monthly decline. "Although mortgage...
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Strong increase in lending on dwellings

The Bank of Englands Money and Credit statistics where released this week and show a strong increase in lending to individuals. The figures specific to property, or Dwellings as the bank terms it, are also strong.
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BoE reports lending on dwellings increased

The Bank of England today released its "Money and Credit" statistics for January 2014. In the release they have reported that the lending secured on dwellings has increased by £1.4 billion in January 2013, up from £1.2 billion on the previous 6 monthly average.
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Lending on Dwellings up in December

The Bank of Englands "Money and Credit" statistics for December 2013 were released today. In the they report on the amount of lending secured on dwellings and have shown an increase . Key Facts: Lending secured on Dwellings was up by £1.7 bn, which was a large growth in comparison to the 6 month average of £1.1bn. Gross lending secured on dwellings was £17.6 bn, with repayments on £15.7 bn Within these statistics are also figures around the Mortgage Approvals during the period. The number of loan approvals for purchases was 71,638 - again up by quite a bit on the 6 monthly average of 65,001. The number of loans for remortgaging purposes was 34,754 which was relatively unchanged from the 6 month average.
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Property trends revealed in Rightmoves Little Blue Book

  Rightmove has just released the second edition of its Little Blue Book, providing some interesting property investment market insights and previously unseen data about the UK housing market. Leading with the headline ‘The recovery has taken hold’, the book attempts to break down the various aspects of the housing market, from new property supply to mortgage approvals, help to buy to consumer confidence. At over 30 pages long there’s a lot to digest, but the key headline are as follows: Transaction in Q3 2013 were 21% up in both England and Wales compared to Q3 2012. A property with an asking price of £170,000 in 2003 would have an asking price today of £235,983 just as a result of inflation. In real terms, the average asking price in England and Wales is just 4% higher than it was in 2003. In the nine months to September 2013, the monthly rate...
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Record high for UK houshold debt and Increase in Property Debt

UK Housholds are at record levels of debt, with individuals now owing £1.43 trillion. Total lending to individuals secured on dwellings was also up by £1.2 billion to £15.7 billion. This was higher than the monthly average over the last 6 months, which was £1.0 billion.
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Bank of England See small increase in lending on Dwellings

The Bank of Englands Money and Credit statistics for September 2013 show a small increase in lending to individuals secured on dwellings.
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Bank shows continued - albeit small - increased in lending on property

The Bank of Englands "Money & Credit" statistical release for August 2013, shows an continued increase in the lending secured on Dwellings.
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Bank of England see continued increase in Lending for Dwellings

The Bank of Englands Monthly "Money and Credit" release shows a continued increase in the value of money lent to Dwellings.
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