Blogs, Press & Media

Comment on HMRC Property Transaction Statistics

David Brown Tue 24 Jan 2017

David Brown, CEO of Marsh & Parsons, comments:

“Despite a number of obstacles in 2016, the total number of transactions rose slightly compared to 2015, to the highest since the financial crash. The resilience demonstrated in the face of a vote to leave the EU and marked changes to Stamp Duty – which significantly impacted sales of second homes and the buy-to-let market – is not to be scoffed at.*

“We’ve already witnessed an encouraging stream of interest from buyers across London during the start of 2017, particularly international buyers who have been buoyed by the falling value of the pound and continue to view London property as a solid investment.” 

-ENDS     -

*HMRC property transactions: The UK in 2016 had a total of 1,322,090, 2015 had 1,199,750 

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