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Home > Statistics > Housing Equity Withdrawal (HEW) - 2015 Q1
 

Housing Equity Withdrawal (HEW) - 2015 Q1

06 July 2015


Please note that the compilation of housing equity withdrawal (HEW) series has changed to no longer include lending and capital grants to housing associations.  The change aligns HEW with recent changes to lending to individuals publications described in Bankstats (Monetary & Financial Statistics), April 2015, ‘Changes to the treatment of loan transfers and lending to housing associations’, available at www.bankofengland.co.uk/statistics/Documents/ms/articles/art1apr15.pdf.

 

Housing equity withdrawal (HEW) is classed as the balance of effects on the stock of housing equity from:

  1. Changes in the stock of secured lending when households take out or repay debt.
  2. 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.

HEW data series are published quarterly on the Interactive Database. The codes are as follows:

Series Code
Housing equity withdrawal (HEW) BE92
HEW as a percentage of post-tax income B9LX
Net lending secured on dwellings, changes VTVJ
Net lending secured on dwellings, 1-quarter growth rate BL2J
Net lending secured on dwellings, 1-quarter growth rate (annualised) VTYG
Net lending secured on dwellings, 4-quarter growth rate VTYI

Further background information is available in the HEW explanatory notes

Explanatory Notes

Queries

If you have any comments/queries with regard to this release contact us.

Any data enquiries should be directed to
Arash Khosravi
Tel: +44 (0)20 3461 6180
E-mail: srdd_ms@bankofengland.co.uk

Any theoretical background enquiries should be directed to
Elizabeth Drapper
Tel: +44 (0)20 7601 5595 
E-mail: elizabeth.drapper@bankofengland.co.uk

Any journalist/press enquiries should be directed to
Press Office
Tel: +44 (0)20 7601 4411
E-mail: press@bankofengland.co.uk

Pre release access

Details of pre-release access to this release and related documents in their final form are available in PDF format

Pre-release access

Next release date: 06 October 2015
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