transactions

UK Residential Property Transactions Decrease by More than 25%
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector, transactions

UK Residential Property Transactions Decrease by More than 25%

The UK property market has seen a significant decrease in residential property transactions over the past year. According to the latest figures from HM Revenue & Customs, the number of residential property transactions in the UK has dropped by more than 25% compared to the same period last year. This decrease in residential property transactions is likely due to a combination of factors. The most significant of these is the uncertainty surrounding Brexit and the economic uncertainty it has caused. This has led to many potential buyers and sellers being reluctant to commit to any major purchases or sales. In addition, the UK housing market has been affected by a lack of available housing stock, as well as increasing house prices. The decrease in residential property transactions is likely t...
Identification of Slowest Market Areas as Transactions Decline by Nearly 60%
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector, transactions

Identification of Slowest Market Areas as Transactions Decline by Nearly 60%

The global economy has been hit hard by the COVID-19 pandemic, with many businesses struggling to stay afloat. One of the most visible signs of this economic downturn has been a drastic decline in transactions across all markets. In fact, according to recent reports, transactions have dropped by nearly 60% in some areas. This has caused many businesses to suffer, and it is important to identify the slowest market areas in order to better understand the impact of the pandemic. The first area that has seen a significant drop in transactions is the retail sector. This is due to the fact that many stores have had to close their doors due to government-mandated lockdowns. This has led to a sharp decrease in sales, as people are unable to physically shop for goods. Additionally, many retailers h...