On a seasonally adjusted basis, latest figures from the HMRC show the number of homes sold in April 2019 in the UK has risen by 0.8% compared to April 2018.
This implies that confidence in the housing market is slightly higher than it was at the same time last year. Furthermore, it is also possibly a sign that households are fed up of waiting for the uncertainty surrounding the prolonged Brexit process and are making decisions about their house move.
A total of 99,420 households across the UK thought it was a good time to sell their homes in April 2019, according to the provisional, seasonally-adjusted figures on transactions.
Although UK residential transactions (seasonally adjusted) have dipped in April 2019 compared to March 2019, the results remain provisional and could still be revised upwards.
One in twelve landlords is unaware of a suite of legislative changes that occurred across the lettings industry in recent years, according to the findings of the English Private Landlord Survey 2018 published in January. Over 80% of landlords were aware of the additional 3% stamp duty burden for the purchase of a second home, […]
Nearly half (49.2%) of all babies were born into rented homes in 2016/17, according to a new report by Royal London, up from just one in three in 2003/04. The average age for first-time mums and dads is 29 and 33 respectively, while the average age of a first-time buyer is now 34. The so-called […]
The UK has been crowned by Forbes, for the second year running, as the best country for business following its latest survey published in December 2018. A total of 161 countries are assessed on 15 different criteria. The UK is the only country to land among the top 30 in all 15 metrics, including property […]