Residential Property Forum

Overview

The Residential Property Forum monitors the residential property sector in the UK. It looks out for any issues that arise and it provides insights on the housing and mortgage markets. 

People working in the sector lead the forum and make up the majority of its members. We organise its meetings. They are hosted by our Executive Director for Financial Stability Strategy and Risk. It usually meets once a quarter. Sometimes there are extra meetings to examine specific topics if issues emerge.

We set up the forum in 2010. It works alongside the Commercial Property Forum that we founded in 1993. Both forums inform the work our Financial Policy Committee does to maintain financial stability in the UK.

Members 

There is no standing membership, and appropriate attendees are invited depending on the topic. Attendees include representatives from banks, building societies, debt advice charities, house builders, landlords, intermediaries, housing market experts and commentators, estate agents and other financial institutions. 

Representatives from the Bank of England, Financial Conduct Authority and Government departments come to its meetings and take part in its discussions.

The current chair of the forum is Jackie Bennett OBE. Jackie was initially appointed in April 2022, and has recently been re-appointed for a second term till 2028.

Jackie recently semi-retired after a distinguished career spanning nearly 25 years in the mortgage sector, including the last 7 years at UK Finance. During her time at UK Finance, she served as a Senior Advisor specialising in Personal Finance and previously held the role of Director of Mortgages. She currently holds a non-executive director position at the New Homes Quality Board (NHQB) and is an advisor to Climate X. 

The current vice-chair of the forum Peter Pereira-Gray, who was initially appointed in April 2022, has been re-appointed for a second three-year term. Before recently retiring, Peter was the Managing Partner and Chief Executive Officer of The Wellcome Trust Investment Division. He currently is the non-executive chairman at Urban & Civic.

Contact

If you would like to find out more please email: ResidentialPropertyFS@bankofengland.co.uk.