HMRC property transactions figures – “Strong activity continuing into New Year” – comment

Commenting on today’s HMRC property transactions figures, Neil Knight, business development director at Spicerhaart Part-Exchange and Assisted Move, said: “Today’s figures show the strong activity in December continuing into January, with residential transactions up more than 5% on the previous year.

“Last month’s statistics were the first sign that the market had turned a corner and that confidence is beginning to return after a long period of political uncertainty. The January figures are welcome confirmation that this was more than just a one-off and the post-election bounce could turn out to be real.

“There remains a great deal to do to turn the bounce into a sustained upturn in the market but we are continuing to see very strong demand for part-exchange and assisted move services, with people who may have been putting off moving now increasingly impatient to get on with their lives.”