{"id":137242,"date":"2023-06-04T17:03:22","date_gmt":"2023-06-04T10:03:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-lacks-spring-bounce-but-a-crash-is-unlikely-larry-elliott\/"},"modified":"2023-06-04T17:15:53","modified_gmt":"2023-06-04T10:15:53","slug":"uk-property-market-lacks-spring-bounce-but-a-crash-is-unlikely-larry-elliott","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-lacks-spring-bounce-but-a-crash-is-unlikely-larry-elliott\/","title":{"rendered":"UK property market lacks spring bounce but a crash is unlikely | Larry Elliott"},"content":{"rendered":"


\nIt\u2019s reasonable to expect a fall in nominal house prices of at least 10%. That\u2019s a chunky fall \u2013 and a welcome oneApril is supposed to herald the start of a British ritual: the house-buying season. Traditionally, it is the time when demand for homes picks up and the property supplements in the weekend papers are full of suggestions for sellers bidding to attract the interest of buyers.But not this year. According to the latest bulletin from the Bank of England, repayments on existing mortgages in April were \u00a31.4bn higher than new loans. This is unusual. Apart from during lockdown, it was the lowest figure since records began in 1993. The number of new mortgage approvals \u2013 loans agreed but not yet advanced \u2013 fell in April and were well below the average in the five years leading up to the pandemic. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK property market lacks spring bounce but a crash is unlikely | Larry Elliott<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s reasonable to expect a fall in nominal house prices of at least 10%. That\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-137242","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zHA","jetpack-related-posts":[{"id":47239,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/caliber-home-loans-ceo-these-loans-are-outside-the-box-but-not-risky\/","url_meta":{"origin":137242,"position":0},"title":"Caliber Home Loans CEO: These loans are 'outside the box' but not risky","date":"March 9, 2017","format":false,"excerpt":"\r Sanjiv Das, Caliber Home Loans CEO, talks to CNBC's Diana Olick about his company's 200% loan growth and the rise of \"riskier\" mortgages.\r \r Source : cnbc.com\r Read more...Caliber Home Loans CEO: These loans are 'outside the box' but not risky","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/warning-over-wongas-predatory-student-loans-offer\/","url_meta":{"origin":137242,"position":1},"title":"Warning over Wonga's 'predatory' student loans offer","date":"January 12, 2012","format":false,"excerpt":"\r Consumer Credit Counselling Service and NUS voice concerns as payday loans company aims to attract students to its 4,214% APR lending serviceLoan company Wonga has been accused of being \"cynical\" and \"predatory\" after suggesting students take out high cost short-term loans to buy plane tickets to the Canary Islands.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-risk-of-crisis-despite-surge-in-philippine-property-loans\/","url_meta":{"origin":137242,"position":2},"title":"No risk of crisis despite surge in Philippine property loans","date":"September 28, 2016","format":false,"excerpt":"\r 75 percent of H1 property loans went to developers and contractors qvist\/Shutterstock Real estate loans released by financial institutions in the Philippines reached PHP1.138 trillion (USD23.6 billion) in the first six months of this year, an almost 20 percent jump from the same period last year, data released Friday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111961,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quicken-loans-ceo-on-the-state-of-the-housing-market\/","url_meta":{"origin":137242,"position":3},"title":"Quicken Loans CEO on the state of the housing market","date":"October 29, 2019","format":false,"excerpt":"\r Quicken Loans is on pace for its best mortgage lending year ever. Jay Farner, Quicken Loans CEO, joins 'The Exchange' to discuss the state of the housing industry.\r \r Source : cnbc.com\r Read more...Quicken Loans CEO on the state of the housing market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","url_meta":{"origin":137242,"position":4},"title":"Car loans drive surge in UK consumer borrowing","date":"January 15, 2016","format":false,"excerpt":"\r Personal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in loans for new cars was behind a big increase in lending to households, according to Bank of England figures, which may raise fresh fears that families are falling into the trap of debt-fuelled spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-loans-hit-12-month-high-of-us3-4-billion\/","url_meta":{"origin":137242,"position":5},"title":"Hong Kong mortgage loans hit 12-month high of US$3.4 billion","date":"June 30, 2025","format":false,"excerpt":"\r Hong Kong\u2019s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing loans amid lower bank rates, according to data from the Hong Kong Monetary Authority (HKMA). Banks approved HK$26.6 billion (US$3.39 billion) worth of loans in May, a 5.3 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137242"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=137242"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137242\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}