Mortgage Sorter
Recommended UK Mortgages

 

UK House Prices Forecasts and Predictions for Home and Property in the UK at 9th February 2007

UK House Prices Situation: Strong

UK House Prices Forecast: Firm but less buoyant than 2006

New Figures Show Drop In Mortgage Approvals

New figures released by the Bank of England reveal that mortgage approvals, considered a good predictor of housing market activity, dropped from a 3-year high of 129,000 in November to a more modest 113,000 in December.

Kelvin Davidson, of Capital Economics, believes this data may indicate the beginning of a change to the housing market, commenting that, "We continue to expect a marked cooling in activity levels and house price growth over the course of 2007."

Although significant, a reduction in mortgage approvals in December is not unprecedented and is likely, in part at least, to have been seasonally-influenced. Approval data for January and February should provide a more accurate indication of which way the market is going.

Prices Remain Unchanged Across 72% of UK in January

A new survey published by Hometrack shows that while localised house price growth continued in areas such as London in January, 72 per cent of UK homeowners saw the value of their homes remain unchanged in the first month of the year.

Headline house price inflation rates were distorted by a remarkable 0.8 per cent rise in the average price of houses in London, leading to a 0.4 per cent rise for the UK as a whole – equating to a 6 per cent yearly increase.

Hometrack's survey also showed that over the last year, the average time taken to sell a property had fallen from 8.1 weeks to 6.7 weeks, a sign of strong demand.






 

 


 

 

 

Latest UK House Prices Forecasts and Predictions

House Prices Forecasts and Predictions to 10/10/2006

House Prices Forecasts and Predictions to 27/10/2006

House Prices Forecasts and Predictions to 3/11/2006

House Prices Forecasts and Predictions to 7/11/2006

House Prices Forecasts and Predictions to 22/11/2006

House Prices Forecasts and Predictions to 27/11/2006

House Prices Forecasts and Predictions to 3/12/2006

House Prices Forecasts and Predictions to 10/12/2006

House Prices Forecasts and Predictions to 17/12/2006

House Prices Forecasts and Predictions to 22/12/2006

House Prices Forecasts and Predictions to 29/12/2006

House Prices Forecasts and Predictions to 5/1/07

House Prices Forecasts and Predictions to 12/1/07

House Prices Forecasts and Predictions to 19/1/07

House Prices Forecasts and Predictions to 26/1/07

House Prices Forecasts and Predictions to 2/2/07

 

 

 

 

 


 

Get a custom rate and see
how much you could save by
filling out this quick form
below.

It's a FREE, no-obligation service.

Value of Property
£
 (eg 159000)
Borrow How Much?
£
 (eg 125000)
 Your Morgage Type
   











Browse over 200 Free Mortgage Tips

Your Complete Guide to UK Mortgages
Find Out How to Win the Race to Buy Your Home - Home Buyers Guide
How to Sell Your Home
Learn How to Save ££s by Remortgaging
Read the Insider Info on Home Insurance
Best Buy UK Mortgage Tables
UK Mortgage Calculators
First Time Buyers
Self Employed Mortgages
Bad Credit Mortgages
Overseas Mortgages
Common Questions / FAQs
Mortgage Definitions
Mortgage Lenders UK List
LATEST MORTAGE UK NEWS

Site Help

About Us
Your Privacy
Contact Us
HELP
Mortgage Guide Site Map
Tip Our Charity






Social Bookmark Us (Please ;-))
























 

 

 

 

 

FREE MORTGAGE QUOTES
Call 0845 22 33 112
or Apply Online Fast and Easy
 
Great Selection of
UK Mortgage
CALCULATORS

Click here
  
See Today's Latest
Mortgages
BEST BUY TABLES

Click here