Housing market appears to be cooling
The latest figures released by HMRC appears to show a cooling of the housing market in England and Wales. Transaction figures for October 2021 show provisional non-seasonally adjusted estimate of 85,090 home moves, 30% lower than October 2020 and just under half of the September 2021 volumes. September figures were expected to be artificially higher […]
HMRC pockets £4.1bn increase in SDLT receipts
HMRC figures highlight the impact of the SDLT holiday with a £4.1bn increase in Stamp Duty receipts in the six months from April to October 2021 compared to the same period in 2020. And to put the current market in context, when comparing October 2021 and October 2019, receipts are up 25%. But while conveyancers […]