Latest statistics from HMRC reveal that the number of UK property transactions is decreasing, but stamp duty land tax (SDLT) receipts are still rising with a £1.3 billion (11.55 percent) increase, taking the receipts to just over £13 billion in the last 12 months, research from accounting, tax and advisory practice Blick Rothenberg has found.

Paul Haywood-Schiefer, assistant manager at Blick Rothenberg, said: “The number of property transactions in the UK has declined, with 0.33 percent or 4,010 fewer transactions taking place in the last 12 months and with a decrease of 2.28 percent or 28,580 over the last two ye...