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Enterprise Finance comments on today's HMRC Property Transaction statistics PDF Print E-mail
Tuesday, 23 June 2015

Master broker Enterprise Finance comments on today's HMRC Property Transaction statistics

Danny Waters, Chief Executive Officer of Enterprise Finance, said:

“Residential transactions in May were the highest we have witnessed so far this year, due in no small part to the buyer logjam being eased once the election outcome became clear. Activity still hasn’t returned to the levels witnessed last summer, but there is every chance we could be in for a repeat as we head towards peak season.

“Non-residential transactions have been relatively modest in the past few months after a strong March, but the annual totals continue to head northwards. This would certainly tally with the renewed demand we are seeing from businesses and developers to acquire and refurbish premises and take on new projects.”

HMRC Property Transactions – May

    •    In terms of residential transactions, there were 98,460 in May, up from 88,230 in April. On a seasonally-adjusted basis, May saw 98,540 transactions compared to April’s 97,610.
    •    On the non-residential front, there were 9,150 transactions in May, compared to 9,340 in April. On a seasonally adjusted basis, there were 9,860 transactions in May, up from 9.590 in April.

(Source - Enterprise Finance Comment)


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