Housing equity withdrawal (HEW) is classed as the balance of effects on the stock of housing equity from:
- Changes in the stock of secured lending when households take out or repay debt.
- Changes in the stock of housing wealth, e.g. when new properties are built or improvements are made to existing properties.
The stock of housing equity can also change as a result of revaluations of the stock of housing wealth due to changes in house prices, but this is not included in HEW.
|Housing equity withdrawal (HEW)
|HEW as a percentage of post-tax income
|Net lending secured on dwellings, changes
|Net lending secured on dwellings, 1-quarter growth rate
|Net lending secured on dwellings, 1-quarter growth rate (annualised)
|Net lending secured on dwellings, 4-quarter growth rate
Further background information is available in the HEW explanatory notes
If you have any comments/queries with regard to this release contact us.
Any data enquiries should be directed to
Tim McDonald & Tejus Parikh
Tel: +44 (0)20 7601 5024/4315
Next release date: 02 October 2013