Value of property purchases by financial institutions in the UK 2005-2014

Published by Statista Research Department, Jun 30, 2015
This statistic shows the annual value of property purchase transactions carried out by financial institutions in the United Kingdom (UK) from 2005 to 2014. There was a nearly 50 percent reduction in transaction values between 2007 and 2008, as a result of market downturn and financial crisis. In 2014, the property purchase transactions totaled 7.6 billion British pounds.

Value of annual property purchase transactions by financial institutions in the United Kingdom (UK) from 2005 to 2014 (in million GBP)

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Source

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Release date

June 2015

Region

United Kingdom

Survey time period

2005 to 2014

Supplementary notes

* Provisional data.
Transaction value for completions priced at 40,000 GBP or above.
The source adds further information: 'The tables in this publication are based on HMRC's stamp duty land tax database, which records information from the Land Transaction Return. Not all property transactions are captured in the database (i.e. transactions where the chargeable consideration is less than 40,000 GBP as well as transfers in connection with divorce etc.).

This statistic is using original data from the HM Revenue and Customs and includes copyright material from © Crown, licensed under the Open Government License v3.0

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