Robert Gardner - Nationwide

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Last quote by Robert Gardner

Providing the economy does not weaken further, the impact of a small rise in interest rates on UK households is likely to be modest. This is partly because the proportion of borrowers directly impacted will be smaller than in the past. In recent years, the vast majority of new mortgages have been extended on fixed interest rates. The share of outstanding mortgages on variable interest rates has fallen to its lowest level on record, at about 40%, down from a peak of 70% in 2001.feedback
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Sep 29 2017 London
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Robert Gardner is associated, including market and home. Most recently, Robert Gardner has been quoted saying: “Annual growth rates in the south of England have moderated towards those prevailing in the rest of the country. London has seen a particularly marked slowdown, with prices falling in annual terms for the first time in eight years.” in the article London house prices fall for first time in eight years as rest of UK rises.
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Robert Gardner quotes

Jun 01 2017 - Unemployment

Moreover, this may be indicative of a wider slowdown in the household sector, though data continues to send mixed signals in this regard. While real incomes are again coming under pressure as inflation has overtaken wage growth, the number of people in work has continued to rise at a healthy pace. Indeed, the unemployment rate fell to a 42-year low in the three months to March.feedback

Jun 01 2017 - London

It is still early days, but this provides further evidence that the housing market is losing momentum. Moreover, this may be indicative of a wider slowdown in the household sector, though data continues to send mixed signals in this regard.feedback

Apr 28 2017 - Brexit

While monthly figures can be volatile, the recent softening in price growth may be a further indication that households are starting to react to the emerging squeeze on real incomes or to affordability pressures in key parts of the country. The economic outlook is unusually uncertain, and housing market trends will depend crucially on developments in the wider economy.feedback

Apr 28 2017 - Unemployment

While monthly figures can be volatile, the recent softening in price growth may be a further indication that households are starting to react to the emerging squeeze on real incomes or to affordability pressures in key parts of the country.feedback

Mar 31 2017 - Northern Ireland

The south of England continued to see slightly stronger price growth than the north of England, but there was a further narrowing in the differential. Northern Ireland saw a slight pickup in annual house price growth, while conditions remained relatively subdued in Scotland and Wales.feedback

Mar 31 2017

The counterpart to this trend has been robust growth in the private rental sector, with 20% of households in England now privately rented, a record high, up from 12% 10 years ago.feedback

Mar 01 2017

Nevertheless, in our view a small rise in house prices of around 2 percent is more likely than a decline over the course of 2017, since low borrowing costs and the dearth of homes on the market will continue to support prices.feedback

Feb 01 2017

The outlook for the housing market remains clouded, reflecting the uncertainty surrounding economic prospects more broadly.feedback

Dec 19 2016

We continue to think a small gain – around two per cent – is more likely than a decline over 2017 as a whole, since low interest rates are expected to help underpin demand while a shortage of homes on the market will continue to provide support.feedback

Apr 28 2016

Moreover, there is a risk that the surge in house purchases in recent months will exacerbate the shortage of homes on the market.feedback

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