We’ve published: ‘Income estimates for small areas, England and Wales: financial year ending 2020’.

Find out more ➡️ ons.gov.uk/peoplepopulati…

Why do the policies announced at party conferences always seem to unravel so fast? The key thing to understand is that conference announcements are completely different from everything else you will hear from the government…. a🧵

Couple of tables from Metro Bank's Financial Results H1 2023.
Looks like lots of interest only mortgages (incl. owner occupied) and lots of mortgages in London and the South East. That suggests lots of borrowers who are very exposed to changes in interest rates.

UK brick deliveries in August 2023 (a proxy for actual house building starts as housebuilders rushed through 'technical starts' in Q2, doing the minimum necessary to get ahead of the uprated building regulations F, L, O & S that add cost) were... (1/n)
#ukhousing #ukconstruction

UK Housing Market Charts - now updated
builtplace.com/housing-market…

Instant Info – Nationwide House Price Index

Today:

TOMORROW ⏰

Explore why housebuilders have thrived after the Global Financial Crisis in our latest webinar with Neal Hudson, Edward Shepherd, Dr Chris Foye and Sarah Payne

Don't miss out: eventbrite.co.uk/e/exploring-uk…

Back at the Rec

Paying more to buy less

The Monetary Policy Committee voted by a majority of 5-4 to maintain #BankRate at 5.25%. b-o-e.uk/44XyyY9

ONS report annual increase in UK house prices of just 0.6% in July
(based on completed transactions)

The 'ambition, commitment and consistency' line could easily have come from many different groups in the housing sector. From housebuilders to housing associations and everyone in between.

Annual inflation slowed slightly in August 2023:

▪️ Consumer Prices Index including owner occupiers’ housing costs rose by 6.3% in the 12 months to August, down from 6.4% in July
▪️ Consumer Prices Index (CPI) rose by 6.7%, down from 6.8% in July

➡️ ons.gov.uk/releases/consu…