Reports

34 items found, showing page 2 of 3

Affordability special report: raising a deposit rather than mortgage payments the major barrier for first time buyers

  • High house prices relative to average earnings continue to make raising a deposit a significant barrier for first time buyers (FTBs)
  • 20% deposit equivalent to 104% average income
  • But low mortgage rates mean the cost of servicing a mortgage as a share of take-home pay is close to the historic average
  • Significant variation by region and occupation
  • North & Scotland remain most affordable regions

Annual house price growth rose to a six-year high of 7.3% at the end of 2020

  • Prices up 0.8% month-on-month, after taking account of seasonal factors
  • All regions saw a pickup in house price growth rates in Q4, with East Midlands the strongest region

Annual house price growth accelerates further in November

  • Annual house price growth rose to 6.5% in November, the highest rate since Jan 2015
  • Prices up 0.9% month-on-month, after taking account of seasonal factors

National Parks produce 20% price premium

  • 20% premium for a property situated within a National Park
  • 6% premium for a property within 5km of a National Park

Annual house price growth reaches five-year high in October

  • Annual house price growth rises to 5.8% in October, the highest rate since Jan 2015
  • Prices up 0.8% month-on-month, after taking account of seasonal factors

Annual house price growth gathers momentum in September as housing market recovery continues

  • Annual price growth picked up to 5.0% in September, the highest rate since Sep 2016
  • Prices rose 0.9% month-on-month, after taking account of seasonal factors
  • Most regions saw a pickup in house price growth rates in Q3

House prices recover from recent dip to reach new all-time high in August

  • Annual house price growth picked up to 3.7% in August
  • Prices up 2% month-on-month, after taking account of seasonal factors, as momentum builds

House price growth rebounds in July as activity bounces back

  • Annual house price growth recovers to 1.5% in July
  • Prices up 1.7% month-on-month, after taking account of seasonal factors, reversing last month’s fall
  • Stamp duty holiday likely to provide further support in the near term

Annual house price growth grinds to a halt in June as the impact of the pandemic filters through

  • Annual price growth grinds to a halt in June with prices down 0.1%
  • Annual growth negative for first time since 2012
  • Prices fell 1.4% month-on-month, after taking account of seasonal factors
  • Regional house price growth rates within narrow range of 0%-5% in Q2

House price growth slows sharply as the impact of the pandemic begins to filter through

  • Annual house price growth slows to 1.8%
  • Prices down 1.7% month-on-month, after taking account of seasonal factors

Annual house price growth was gaining momentum before the pandemic struck the UK

  • Annual house price growth edges up to 3.7%, the strongest since February 2017
  • Impact of pandemic will not be fully captured in this month’s data
  • 7% rise month-on-month, after taking account of seasonal factors

Annual house price growth edged higher before the pandemic struck the UK

  • Prices rose 0.8% in March, after taking account of seasonal factors
  • The sample period excludes recent COVID-19 related disruption
  • Annual growth highest since January 2018
  • Most UK regions saw small price gains in Q1

34 items found, showing page 2 of 3