Residential Property on the Move

The Land Registry have released the latest property transaction figures. They show that non-seasonally adjusted transactions were at their highest level since December 2009.

In August, a total of 89,460 transactions were carried out. This was up 0.4% up on July and 19.2% up on August last year.

Paul Smith, CEO of London estate agents, Haart has said: "We are still a long way from the number of homes sold at their peak but this is concrete evidence that the UK's housing market is on an upwards trajectory."

Smith continued to say, "it's the lack of houses coming onto the market which is slowing this recovery"

It is hoped that the bringing forward of new Government schemes will drive the economy forward.

However there is still the worry that the 'bubble' will eventually burst and that this increased activity in the market will make sure it does.

At Ross Legal Solicitors in Manchester we can help you with all your commercial conveyancing needs.

Speak to one of our specialised solicitors in Manchester today on 0161 720 7200 or email our commercial conveyancing team via enq@rosslegal.co.uk for further support.

Ross Legal LLP

Commercial Conveyancing Solicitors
Manchester

Tel: 0161 720 7200