Homes Sales Rise

More news from the UK property market from Dibben and Dibben as property sales in the UK picked up over the summer, according to figures from HM Revenue & Customs (HMRC). Sales rose from 80,000 in August to 82,000 in September. More significantly, sales in the third quarter of the year, covering July to September, were 11% higher than in the previous three months.

The figures on property sales from the Revenue chime with those published this week by the Council of Mortgage Lenders (CML). They showed that total mortgage lending in the third quarter, including lending to people who were simply changing their mortgage deals but not moving, was 18% higher than in the previous three months.

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