UK Property Transaction Count July 2016

August 25, 2016

UK Property Transactions Count July 2016 released this week by HM Revenue and Customs.

The provisional seasonally adjusted UK property transaction count for July 2016 was 94,550 residential and 9,820 non-residential transactions.

The seasonally adjusted estimate of the number of residential property transactions decreased by 0.9% between June 2016 and July 2016. This month’s seasonally adjusted figure is 8.3% lower compared with the same month last year.

The large increase in transactions for March 2016 followed by the substantial reduction in April is likely to be associated with the introduction of the higher rates on additional properties in April 2016. However, whilst April and May 2016 are lower than the corresponding months in 2015, it should be noted that the total for March to May 2016 is still substantially higher than the corresponding period last year.

To read the HMRC publication in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker 10/01/25

Commenting on the rise in UK borrowing costs and the potential impact on mortgage rates, Rightmove’s expert Matt Smith says: “The short term impact is that mortgage rates are likely to rise, as the cost of borrowing increases impacts lenders. However, this is unlikely to be significant and certainly not completely unexpected. Looking a bit…
Read More →
Breaking News

Access to Rented Housing Will Be Harder for Tenants Most In Need

Responding to amendments tabled to the Renters’ Rights Bill by the Government to restrict the amount of rent that can be sought in advance, Chris Norris, Policy Director for the National Residential Landlords Association, said: “Restricting rent in advance, combined with freezing housing benefit rates and not enough rental housing to meet demand is creating…
Read More →
Home and Living

Top Reasons to Hire JD Movers in Melbourne

Moving can feel like an awkward dance—one misstep, and you’re tangled up in a mess of cardboard and bubble wrap. We all know moving is stressful. Moving can unravel even the most zen among us, whether in a studio apartment or a four-bedroom McMansion. In such a situation, hiring a moving company can ease the…
Read More →
Love or Hate Rightmove
Breaking News

Rightmove launches Selling Sunderland with Charlotte Crosby and local agents

Rightmove, the UK’s largest property website, has launched Selling Sunderland, a playful parody of glamorous property TV shows, celebrating Sunderland’s charm and local agent expertise. The campaign features Sunderland favourite TV personality Charlotte Crosby, who teams up with local agents to showcase the city’s unique appeal. Together, they guide prospective buyers through three distinctive properties, blending…
Read More →
Breaking News

Halifax House Price Index December 2024

House prices in December 2024 were 3.3% higher than the same month a year earlier.   House prices decreased by -0.2% in December Annually, property prices are up +3.3% (vs +4.7% last month) Typical property now costs £297,166 Northern Ireland maintains the strongest UK annual house price growth   Amanda Bryden, Head of Mortgages, Halifax,…
Read More →
Home and Living

3 Solutions for Japanese Knotweed

Japanese knotweed is a notoriously invasive species known for its rapid growth, extensive underground rhizomes, and ability to disrupt ecosystems and property foundations. In the UK, including Ireland, its management is both a practical challenge and a legal responsibility. Homeowners and businesses must not only tackle this persistent plant but also adhere to regulations to…
Read More →