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UK: Property sales rise in February, Revenue says

Posted on 22 March 2012

The number of homes sold in the UK rose slightly in February, HM Revenue & Customs (HMRC) said. There were 65,000 completed sales, up by 7% from January and 18% higher than a year ago.
The figures show little evidence of any rush by first-time buyers to beat the reintroduction of stamp duty on 24 March on homes worth £250,000 or less. But they chime with other data on mortgage lending which suggests that the market is staging a mild pick-up………………………………………..Full Article: Source


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