House sales fell 19% in March

HMRC data shows that the number of house sales fell by nearly a fifth year-on-year in March. Across the UK, 89,560 home sales took place in March, with this down 19% on the total sales recorded in March 2022. Month-on-month, sales increased by 1% compared to February. Danny Belton, head of lender relationships and Legal & General Mortgage Club, said: “It is positive to see an uptick in transactions from February to March kickstarting a strong spring selling season. This is supported by a growing number of mortgage products coming to market.”

Daily Mail (29/04/2023)   Evening Standard (28/04/2023)   The Independent (29/04/2023)