Transaction levels have plummeted over last five years
Statistics released by HMRC (http://www.hmrc.gov.uk/stats/survey_of_prop/menu.htm) provide further insight into the effect of the recession on the housing market. Peter Watkin of law—workshop.co.uk has been crunching the numbers. The figures are from SDLT returns and therefore only capture information from SDLT transactions, I.E. purchases over £40,000. Of course purchase transactions levels have plummeted over the last […]