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Comment on HMRC property transactions from Karl Wilkinson at Access FS
23 August 2022
Karl Wilkinson, CEO of Access FS said: “Whilst the year-on-year numbers may be skewed slightly thanks to the ‘Stamp Duty holiday’ last year, it is still positive to see a 7.2 per-cent increase in transactions in July compared to the month prior.
“Not only does it show appetite among house buyers even in the face of rising interest rates and a cost-of-living crisis, but it shows real resilience from brokers as they battle with longer lead times and lenders tightening their affordability criteria.
“As consumers continue to navigate this ever-changing landscape and lenders continue to adapt their strategies and product portfolios, good quality financial advice will remain absolutely vital.”
