Residential transaction in the UK reached almost 100,000 in April 2017, some 20.3% higher than the same month last year, the latest official figures show. There were 99,910 residential transactions and 9,980 non-residential sales. However, this was down by 3.2% month on month, according to the data published by HMRC and April 2016 saw sales fall due to tax changes. Indeed, the data report suggests it is best to avoid direct comparisons of residential sales between April 2017 and 2016 due to the unusually low level of transactions in April 2016 due to the introduction of extra stamp duty on additional homes. HMRC also pointed out that non-tax factors may have played a role as well, […]