Property-watchers will next week get a further update on the state of the housing market with the latest house price survey from Rightmove, the estate agent, and fresh mortgage lending figures. Any sign of slowing growth could prompt concerns, although the figures will not show the effect of the Bank of England’s quarter-point rise in interest rates at the beginning of the month. The figures will come after a bullish update from Countrywide, the UK’s largest estate agency, which this week reported a record pipeline of sales and said that the rate rise had not dampened demand. Rightmove’s August house price survey is due out on Monday. British Bankers’ Association mortgage lending data for July is due on Friday.
InterContinental Hotels, the hotelier, is to report its interim results on Tuesday. BHP Billiton announces its full-year figures on Wednesday. Rentokil Initial, the services group, and Rexam, the maker of cans, report interim results on the same day.