Total local market property sales in 2017 to the end of September (Q3) increased by 10 per cent on the same period last year, with an extra 38 transactions completed.
These latest figures, released by AB Conveyancing, continue a positive trend. There was a 25 per cent increase in total local market property sales over the first nine months of the year, compared with the same period in 2015.
Total property lending by Skipton International to the end of Q3 was £37 million on 113 properties. In 2016, over the same period, Skipton lent £28 million on 89 properties. That represents a 32 per cent increase in money loaned and a 27 per cent increase in number of property transactions.
Nigel Pascoe, Director of Lending at Skipton International, commented: “The market is continuing to move in the right direction. At this rate, transactions in 2017 will exceed last year’s total of 898 registered mortgages – another year of growth after the low point of 2015, when 835 registered mortgages were registered.”