The number of transactions in the UK market rose in October

According to the report the tax authorities in the UK HMRC – the number of transactions in October 2019 rose by 4.3% in absolute terms, this 103680 transactions. The increase recorded compared with the previous month and compared to last year. Despite this encouraging fact, the market slowed considerably and, in all likelihood, as long as there is no problem Brexit and have not yet held another election, the situation on the real estate market is unlikely to change radically. The market moves at the expense of those people who really need to move, and banks offer attractive terms on the mortgage, trying to attract new customers. Investors and buyers that can afford to wait, wait for the market will be exhibited objects pent-up demand. As sellers are holding their items until better times, not wanting to sell at a large discount. In terms of supply shortage is quite difficult to choose suitable accommodation. It is expected that after the completion of the political uncertainty, the market expects a boom of transactions, compensating pent-up demand. ® Angliadom. Helen Entree. 25.11.2019.