Housing and mortgage forecasts

Our forecasts are summarised below. You can read the full housing and mortgage market forecasts in CML News & Views.

Last revised July 2014

 Residential property transactions, UK
000s
gross advances


£bn
Net advances



£BN
Arrears, 2.5% or more of balance at end periodPossessions in period
2006 1,670 345 110 113,000 21,000
2007 1,614 363 108 127,800 25,900
2008 900 254 41 182,600 40,000
2009 858 144 12 199,600 48,900
2010 886 135 8 175,800 38,500
2011 885 141 10 161,400 37,300
2012 932 145 10 157,900 33,900

2013

1,074

176

11

144,700 

28,900 

2014f

1,230

(1,140)

208

(195)

20

(15)

135,000

(150,000)

25,000

(28,000)

2015f

 

1,150

(1,100)

220

(206)

25

(20)

145,000

(160,000)

28,000

(30,000)

Source: Bank of England, National Statistics, HM Revenue and Customs, CML

Notes:
1.  Figures in brackets show CML forecasts as at December 2013