{"id":1975,"date":"2016-05-19T10:17:07","date_gmt":"2016-05-19T10:17:07","guid":{"rendered":"http:\/\/poseidon-gp.com\/property\/?p=1975"},"modified":"2016-05-19T10:17:07","modified_gmt":"2016-05-19T10:17:07","slug":"uk-house-sales-and-purchases-set-to-jump-by-a-fifth-by-2020-but-will-still-be-below-2007-levels","status":"publish","type":"post","link":"https:\/\/poseidon-gp.com\/property\/uk-house-sales-and-purchases-set-to-jump-by-a-fifth-by-2020-but-will-still-be-below-2007-levels\/","title":{"rendered":"UK house sales and purchases set to jump by a fifth by 2020 \u2013 but will still be below 2007 levels"},"content":{"rendered":"<p>UK housing transactions are set to jump by a fifth by 2020, but this will still be eight per cent lower than pre-financial crisis levels, according to a new report today.<\/p>\n<p>Conveyancing services provider My Home Move predicts that the number of annual property transactions will rise from the 1.23 million recorded last year to 1.49 million in 2020, equating to a rise of 21.1 per cent.<\/p>\n<p>\u201c<em>Last year the number of deals was 24 per cent lower than 2007 and by 2020 it will be eight per cent lower, such was the shock to transaction levels,<\/em>\u201d said Rob Thomas, a former Bank of England economist who was commissioned to prepare the forecast.<\/p>\n<p>\u201c<em>The research highlights the importance of first-time buyers\u2019 access to high loan-to-value mortgages in order to pump much-needed liquidity into the market.<\/em>\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK housing transactions are set to jump by a fifth by 2020, but this will still be eight per cent lower than pre-financial crisis levels, according to a new report today. Conveyancing services provider My Home Move predicts that the number of annual property transactions will rise from the 1.23 million recorded last year to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,1],"tags":[],"class_list":["post-1975","post","type-post","status-publish","format-standard","hentry","category-news","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PjAq-vR","_links":{"self":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/comments?post=1975"}],"version-history":[{"count":0,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1975\/revisions"}],"wp:attachment":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/media?parent=1975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/categories?post=1975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/tags?post=1975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}