The number of residential property transactions rose by 6.2% from November to December, HMRC’s Property Transactions Statistics have shown.
There were 104,670 residential property transactions last month which is up 6.8% year-on-year.
Similarly, the number of non-residential transactions increased by 13.4% from November and 0.8% from December 2018.
Gareth Lewis, commercial director or property lender MT Finance, said: “The back-end of the year saw an increase in activity and purchases after the general election as a lot of transactional flow held off until after the result was known.
“Estate agents and lenders were extremely busy as people were keen to get on with things.
“There is a positivity around transactions and market sentiment that we haven’t seen for a while – maybe we are seeing the green shoots of spring appear a little earlier than usual.”
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The Leaders Romans Group has extended its activities into the commercial world with the acquisition of chartered surveying company Dunlop Heywood.
Dunlop Heywood – established in 2008 – specialises in business rates liability and advises a wide range of clients in the aviation, docks and harbours, energy and renewables, retail and leisure sectors.
LRG chief executive Peter Kavanagh says: “This is a fantastic acquisition for LRG, which will further enhance the range of expert property services we can offer our clients. Dunlop Heywood has a very well established market reputation for providing expert rating advice, and I am confident … we will be able to grow the business in the coming years.”