UK Property Transaction Count – March 2017 from HMRC
April 25, 2017
HM Revenue and Customs UK Property Transactions Count – March 2017 released 21st April 2017.
In the commentary they stated: The provisional seasonally adjusted UK property transaction count for March 2017 was 102,810 residential transactions.
The seasonally adjusted estimate of the number of residential property transactions increased by 0.5% between February 2017 and March 2017. This month’s seasonally adjusted figure is 40.9% lower compared with the same month last year. However, this large year-on-year drop is due to the unusually high transaction count in March 2016.
The large increase in transactions for March 2016 followed by the substantial reduction in April is associatedwith the introduction of the higher rates on additional properties in April 2016. Non-tax factors may have causedchanges in the property market as well, for example the Bank of England’s plans to curb Buy-to-Let mortgages resulting in a rush to purchase before April 2016, and the EU Referendum affecting transactions in the following months. The residential count includes properties paying the main and additional rates.
Read the Property Transactions in the UK – March 2017 on Gov.UK in full click here.
You May Also Enjoy
Spring clean drives high maintenance bill for landlord
The latest market insight from property management specialist, Rushbrook & Rathbone, suggests that property maintenance spend is set to surge in April, as the annual ‘spring clean’ by landlords saw the month account for the second highest proportion of total annual maintenance spend in 2025, as well as the largest average spend per work order. Rushbrook…
Read More 
65% of homebuyers blame slow process on conveyancers
The latest research from Lyons Bowe reveals that 65% of recent homebuyers say the conveyancing process was the slowest part of their buying process, with a quarter saying the legal back and forth took more than 16 weeks to complete. Lyons Bowe commissioned a survey of 1,000 UK homeowners who made a purchase in the past…
Read More 
UK Construction Activity Collapses
Glenigan’s April Construction Index uncovers an industry struggling to cushion the blows from ongoing international conflict and a persistently weak economy. Work starting on-site declined by 17% compared to Q4, remaining 18% below 2025 levels. Residential construction starts dropped by 13% during the Index period and fell by 30% against 2025 figures. Non-residential project-starts dipped…
Read More 
Homebuyer demand down in Q1 2026
Buyer demand slips in Q1 2026, with South of England outperformed by North and Midlands The latest Sales Demand Index from eXp UK has revealed that homebuyer demand in England slipped by -1.6% in Q1 2026. The analysis also reveals a clear north-south divide with counties located in the midlands or north of the country recording…
Read More 
Check your rights now or risk being caught out by new rental laws
Renters have been urged to check their rights now or risk being caught out, as sweeping new laws prepare to transform the rental market from May. The warning comes ahead of the Renters’ Rights Act, with major reforms set to affect millions of tenants, fundamentally changing how tenancies are managed and challenged. Housing law expert…
Read More 
East London dominates on annual growth for property values over the last decade
The latest analysis by Foxtons has revealed that, alongside a consistent average annual rate of growth in property values of 1.3% across the capital over the last decade, the east of London dominates when it comes to stand out borough performance – with Redbridge, Havering and Barking and Dagenham topping the table for house price…
Read More