Market comment

Mark Harris
Managing Director

SPF is frequently asked to comment on all aspects of the mortgage and property market. We are highly quoted in the national, regional and trade press by journalists seeking our opinion on all manner of subjects.

< Prev 1 2 3 4 5 6 7 8 9 10 Next >

13 January 2012

New Year, Same Story

A New Year, but more of the same. As expected the Bank of England’s Monetary Policy Committee (MPC) announced Base Rate will remain unchanged.

13 December 2011

House Price Forecast

Savills has released research outlining its predictions for annual house price inflation. Focusing on the prime and mainstream market, the report charts forecasted growth in property values over the next five years.

08 December 2011

Base Rate Announcement

No surprise at MPC's latest decision.

10 November 2011

Bank Maintains Base at 0.5%

The Bank of England today announced it is to maintain its position on Base Rate and the Asset Purchase Programme.

06 October 2011

QE2 Launched

Monetary Policy Committee (MPC) announces latest Base Rate and Asset Purchase Program decision.

08 September 2011

Base Rate Unchanged

The Bank of England’s Monetary Policy Committee today voted to maintain Base Rate at 0.5%. Concerns about the economic recovery had meant most commentators were expecting this.

17 August 2011

Market Comment

Minutes from August's Bank of England Monetary Policy Committee meeting showed that all nine members voted to keep interest rates on hold.

07 July 2011

Market Comment July 2011

After the July meeting, the MPC announced that the Bank of England Base Rate was held at 0.5%, for the 28th month.

23 June 2011

Base Rate held at 0.5%

As widely anticipated, the Bank of England held Base Rate at 0.5%, where it has been since March 2009. SPF suspects that it will remain at the level throughout the remainder of 2011 and well into 2012.

24 May 2011

Savills Private Finance rebrands to SPF Private Clients

Following the sale of a majority stake in Savills Private Finance to senior management, the business has successfully completed its rebranding to SPF Private Clients.

31 March 2011

Remortgage Activity Rises

Much has been said in recent weeks about inflation and the likelihood that the MPC will act in the near term to prevent inflation expectations seeding into the economy and in particular to wage negotiations. Unsurprisingly therefore figures out this week from the Bank of England point to 5% rise in Remortgage approvals in February to a 26 month high as more consumers negotiate themselves into a fixed rate deal in advance of base rate increases.

15 March 2011

Prime leading the market

2011 has seen an encouraging start with plenty of activity, particularly at the top end of the market. More Lenders have come to the market, a number of whom are focusing on clients wishing to borrow over a million (£)

07 February 2011

Opportunity knocks for the property investor

Although consumer confidence remains subdued and continuing restrictions hang over the availability of mortgage finance, it’s not all doom and gloom for the buy-to-let investor.

13 January 2011

Base Rate held at 0.5% for 22nd month.

The Bank of England has today held Base Rate at 0.5% marking its 22nd month on hold. SPF suspects that it will remain at this level throughout much of 2011, with the future looking clearer from the summer onwards.

20 December 2010

2011 market forecast

The Council of Mortgage Lenders (CML) has forecast that it is unlikely Base Rate will rise significantly in the short term and that it may well remain at 0.5% for the whole of next year.

16 December 2010

SPF forecasts a reduced bonus boost for Prime London

The UK's residential property market is set to benefit from a £1 billion injection of bonus cash over the next few months, the majority of which will be invested in prime central London, analysis from SPF suggests.

14 December 2010

Obtaining a mortgage in the current climate

Your mortgage is likely to be your biggest monthly outgoing but finding the right deal for your circumstances in the current climate may feel like a challenge.

30 November 2010

Number of mortgage products on the rise

The number of mortgage products has increased considerably over the last year according to figures released by Moneyfacts.

11 November 2010

Buy-to-let lending grows by 12% in Q3 2010

Data released today by the Council of Mortgage Lenders (CML) has revealed that buy-to-let lending rose by 12% in Q3 2010.

01 November 2010

A steady recovery

The latest gross domestic product (GDP) figures released by the Office of National Statistics suggest the economy grew at 0.8 per cent between July and September. This is twice the rate expected by some analysts and shows the economic recovery remains steady.

27 September 2010

Prime London house prices hold steady for a second quarter

House prices in prime London have held steady for a second quarter, according to latest research from SPF, defying expectations that values would have begun to fall by late summer.

21 September 2010

Making yourself more attractive...

With interest rates at historically low levels, many borrowers have been benefitting from significant reductions in their monthly payments. Many are taking advantage of this extraordinary environment and wisely using money saved to reduce their borrowings.

09 September 2010

No surprise as Base Rate is held at 0.5%

The Bank of England's Monetary Policy Committee (MPC) has again held Base Rate at 0.5 per cent.

16 August 2010

CML figures point to slight thawing in availability of buy-to-let funding

Data issued by the Council of Mortgage Lenders (CML) has pointed to a slight thawing in the availability of funding for buy-to-let investors. Mortgages granted in the second quarter were up 13% on the first quarter and 15% higher than in the corresponding quarter of 2009.

05 August 2010