Solicitors and conveyancers predict a busier market in 2016

Searches UK discuss the predicted increase in transactions this year and the VAT to be added to council (official) local authority searches

01 Mar 2016

In a survey conducted by Searches UK in December 2015, solicitors and conveyancers predicted a busier market in 2016, with even more transactions expected to complete.

Due, in part, to the imminent increase in stamp duty for buy-to-let properties set for April 2016, 46 per cent of solicitors and conveyancers believed the market would become busier, with landlords rushing property transactions through to avoid high taxation charges.

A number of government incentives that have been initiated to tackle the country's housing crises are also expected to play a role in increased activity.

Meanwhile, mortgage approvals for hou...

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