HMRC's latest report, shows estimates for September property transactions and the news is positive. Figures are based on transactional records and show the results in context of the last 10 years.
The provisional seasonally adjusted count of non-residential property transactions in September 2019 is 2% higher than the same month for the previous year.
As with residential transactions, the 2007 financial crisis triggered a fall in non-residential transactions. Although this was less pronounced than for residential.
To read the full report, please click here September 2019 UK Property Transactions Statistics.
For further information on how Bridging Vat can help fund your next commercial property purchase, please contact us on email at info@bridgingvat.com or by telephone on 01206 645 050.
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