Number of homes built in last year over 100,000 short of government target
The number of homes started in the UK has increased 2% in the year to June with 144,280 homes started, according to new figures released by the Department for Communities and Local Government. Comparing the first and second quarters of the year, seasonally adjusted starts were up 2% and completions up 7%. However the Government […]
Transaction levels virtually unchanged into July according to HMRC
The number of transactions for value over £40,000 across the UK rose very slightly from 103,450 in June to 104,200 in July, according to HMRC. The slight rise of 0.7% compares unfavourably to last year’s rise from 114,770 to 120,610 – a rise of 5.1%. The relative stagnation is reflected in the seasonally adjusted figures, which […]
Estate agents report 11% increase in buyers pulling out of house sales over Brexit weekend
The number of buyers pulling out of transactions rose 11% on the last weekend of June compared to the last weekend of May according to haart estate agents. The increase is being put down to the aftermath of the UK’s vote in favour of leaving the European Union, compounded by the announcement that Prime Minister […]
