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st April 2021 10:42 am
The number of residential property sales registered in March was 32.2% higher than the previous month as buyers tried to beat the expected end of the stamp duty holiday, figures from HM Revenue & Customs reveal.
The total for March was also double the figure for the same month last year, during which the UK entered its first lockdown.
According to the official seasonally-adjusted estimates, there were 190,980 residential property transactions in March, which is an increase of 102.3% on the same time last year.
There were 12,530 non residential sales in March, which was 53% higher than a year earlier and 24.5% higher than February 2021.