View more on these topics

Property transaction registrations fall in November: Land Registry

The number of registered property transactions fell on a monthly basis in November, data from HM Land Registry shows.

In total there were 102,703 sales received during the month, down 3.9 per cent from the 106,883 seen in October.

Of these, 77,369 were freehold and 14,866 were newly built, annual decreases in these categories of 2 per cent and 13.5 per cent, respectively.

Of the sales received for registration, 31,721 took place in November, the most expensive being a terraced property in Westminster at £38.8m.

A further 567 properties in England and Wales went for £1m or over, 336 of these in Greater London, three in the West Midlands, seven in Greater Manchester, and two in Cardiff.

Regarding commercial properties, the most expensive sale was completed in Birmingham, for £47.5m, and the joint cheapest were in Merton, Greater London and Dartmouth, South Hampshire, at £100 each.

It must be noted that there is a time difference between the sale of a property and its registration at HM Land Registry, typically between two weeks and two months.

Recommended

Real-estate-agent-house-for-sale-sold-700.jpg

Registered property transactions down in September: Land Registry

September saw a marginal decline in the number of registered property transactions, according to HM Land Registry. The price paid data looks at all transactions above £40,000. The figures show the market has seen a reduction in property transactions between August and September and also on an annual basis. In September 2018 96,355 sales were […]

Over half shared ownership members unaware they can move between properties

Shared ownership homeowners do not understand the scheme with most not knowing they can move between properties. According to YouGov research of over 200 shared ownership homeowners, 52 per cent were unaware they can move between properties, with only 21 per cent understanding how moving from one property to another would work. Shared ownership is […]

Brexit and the mid cap buying opportunities

Video update from Mark Martin, Head of UK Equities, Neptune Investment Management With the Brexit referendum scheduled for 23 June, how much risk is priced into the market and is the current volatility a long-term buying opportunity? Watch Mark Martin, Head of UK Equities, and Holly Cassell, Assistant Manager on the UK Mid Cap and […]

Newsletter

News and expert analysis straight to your inbox

Sign up