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Further evidence of the recovery in the UK housing market has come from figures showing completed residential property sales hit a two-year high in December.
Provisional figures from HM Revenue and Customs (HMRC) show 104,000 deals involving properties priced above £40,000 were completed in December.
It was the first time since December 2007 that the number has risen above the 100,000 level.
Transaction levels had hit their lowest point during the slump in January 2009.
In that month, only 41,000 properties were sold. This was the smallest number sold in any month since current records began in 1977.
The rebound in sales and prices as 2009 progressed took most analysts by surprise, yet many have predicted a relatively static 2010.
The HMRC figures revealed that the number of sales in 2009 ended up relatively similar to the level of the previous year.
Some 848,000 homes were sold during 2009, the HMRC said, which was a slight fall from the 920,000 sold the previous year.
However, this was in stark contrast to the housing boom earlier in the decade. In 2007, there were 1.62 million properties sold, which was close to the 1.67 million of 2006.
to read more at bbc.co.uk
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We are a family run business based in Nottingham in the UK, with arms in Spain and Turkey. Dealing in property worldwide, you can be sure we have an option to suit everybody.
With over 25 years experience in the overseas property market our team aim to deliver a professional solution to purchasing property abroad, whilst ensuring that our clients receive a personal, dedicated and above all friendly service.
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Our goal is simple, we aim to ensure that you purchase the right property for you. Everybody is different, every house is unique and no location the same. We take pride in investing time in listening to our clients to fully understand your aspirations, objectives and dreams. Whether you are an experienced investor, or taking your first steps in building your international portfolio or looking for the perfect holiday home, we will endeavour to work with you to ensure that only suitable properties and projects are delivered to your inbox.
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We have access to literally thousands of properties all over the globe so whether you're looking for an off-plan investment, or a rural retreat in the country of your choice, we can help and advise you all the way through the process. We are pleased to offer our clients numerous facilities, including a specialist sourcing facility, financial advice from In-house UK qualified advisors, organize viewing tours, help with appointing UK & International solicitors.
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