Category: Gov Press Releases

In the dataset you can find the date of sale for each property, its full address and sale price, its category (residential or commercial) and type (detached, semi-detached, terraced, flat or maisonette and other), whether it is new build or not and whether it is freehold or leasehold.

The number of sales received for registration by property type and month

Of the 116,795 sales received for registration in January 2018:

• 85,753 were freehold, a 23.5% increase on January 2017

• 16,685 were newly built, a 15% increase on January 2017

There is a time difference between the sale of a property and its registration at HM Land Registry.

Of the 116,795 sales received for registration, 25,527 took place in January 2018 of which:

• 499 were of residential properties in England and Wales for £1 million and over

• 307 were of residential properties in Greater London for £1 million and over

• 3 were of residential properties in Birmingham for £1 million and over

• 3 were of residential properties in Greater Manchester for £1 million and over

The most expensive residential sale taking place in January 2018 was a semi-detached property in the Royal Borough of Kensington and Chelsea, London for £37,720,000. The cheapest residential sale in January 2018 was a terraced property in Burnley, Lancashire for £15,000.

The most expensive commercial sale taking place in January 2018 was in Greater Manchester, for £103,033,044. The cheapest commercial sale in January 2018 was in the Royal Borough of Kensington and Chelsea, for £100.

Access the full dataset

Notes to editors

1. Price Paid Data is published at 11am on the 20th working day of each month. The next dataset will be published on Wednesday 28 March 2018.

2. Price Paid Data is property price data for all residential and commercial property sales in England and Wales that are lodged with HM Land Registry for registration in that month, subject to exclusions.

3. The amount of time between the sale of a property and the registration of this information with HM Land Registry varies. It typically ranges between two weeks and two months. Data for the two most recent months is therefore incomplete and does not give an indication of final monthly volumes. Occasionally the interval between sale and registration is longer than two months. The small number of sales affected cannot be updated for publication until the sales are lodged for registration.

4. Price Paid Data categories are either Category A (Standard entries) which includes single residential properties sold for full market value or Category B (Additional entries) for example sales to a company, buy-to-lets where they can be identified by a mortgage and repossessions.

5. HM Land Registry has been collecting information on Category A sales from January 1995 and on Category B sales from October 2013.

6. Price Paid Data can be downloaded in text, csv format and in a machine-readable format as linked data and is released under Open Government Licence (OGL). Under the OGL, HM Land Registry permits the use of Price Paid Data for commercial or non-commercial purposes. However, the OGL does not cover the use of third party rights, which HM Land Registry is not authorised to license.

7. The Price Paid Data report builder allows users to build bespoke reports using the data. Reports can be based on location, estate type, price paid or property type over a defined period of time.

8. HM Land Registry’s mission is to guarantee and protect property rights in England and Wales.

9. HM Land Registry is a government department created in 1862. It operates as an executive agency and a trading fund and its running costs are covered by the fees paid by the users of its services. Its ambition is to become the world’s leading land registry for speed, simplicity and an open approach to data.

10. HM Land Registry safeguards land and property ownership worth in excess of £4 trillion, including around £1 trillion of mortgages. The Land Register contains more than 25 million titles showing evidence of ownership for some 85% of the land mass of England and Wales.

11. For further information about HM Land Registry visit www.gov.uk/land-registry.

12. Follow us on: Twitter @HMLandRegistry, our blog, LinkedIn and Facebook.

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International confidence in the UK’s automotive sector was bolstered today (Wednesday 28 February) as Toyota announced it will build its new generation Auris model at its Burnaston factory in Derbyshire.

In a further vote of confidence for UK engineering expertise, the majority of engines for the new model will be sourced from the company’s Deeside factory in north Wales, helping secure 3,000 jobs across the 2 sites.

Business Secretary Greg Clark welcomed the decision during a visit to the Burnaston factory earlier today, where he met teams who will be working on the new model. The decision was helped in part by government investment of more than £20 million announced last year to support the upgrade of the facility and the installation of a new production platform to make the plant more competitive and enable it to build more advanced vehicles.

The investment follows the publication of last month’s landmark sector deal between government and the automotive sector, a vital moment in establishing the UK’s leadership in meeting the Future of Mobility and Clean Growth Grand Challenges.

Business Secretary Greg Clark said:

We have been clear in our commitment to ensuring the automotive sector continues to go from strength to strength which is why, through the Industrial Strategy, we established a landmark Automotive Sector Deal that will see us working with industry to put the UK at the forefront of new technologies and future investment decisions.

Toyota’s decision to build its new Auris model in Burnaston is testament to the highly-skilled and committed workforce that helps make the UK’s automotive sector one of the most productive in the world, and this government will continue work to create the best possible environment to maintain this fruitful relationship.

Secretary of State for Wales Alun Cairns said:

Toyota’s commitment to the UK is an enormous economic boost for Deeside and Wales as a whole. Toyota has played a crucial role in helping to demonstrate why Wales continues to be a prime location to invest and do business through its anchor status on Deeside.

I visited the company’s HQ in Toyota City in Japan last year where I was encouraged by the long term approach given to their investment decisions.

This major announcement is fantastic news and a massive vote of confidence for UK manufacturing and for Wales as a go-to inward investment destination.

Toyota has a long-established relationship with the UK, producing 4 million vehicles and 5 million engines over the last 25 years. Today’s announcement follows Toyota’s decision last year to invest over £240 million to upgrade Burnaston to improve the plant’s competitiveness by installing its latest production platform – the Toyota New Global Architecture – to ensure the plant produced the most advanced models for the European market. This will be the third generation Auris to be built at the Burnaston factory, underlining the skill and expertise of the plant’s world-class staff.

The UK’s automotive sector continues to thrive with the UK currently the third largest European car producer with the highest productivity among Europe’s automotive producing nations. The sector generates £14.6 billion, representing 8.2% of the UK’s total manufacturing gross value added.

The Medicines and Healthcare products Regulatory Agency is warning people who may have purchased a “natural” Chinese herbal medicine, Yiganerjing Cream, as a treatment for skin conditions to stop using it immediately as it has been found to contain an undisclosed steroid and two antifungal ingredients.

MHRA officials have been acting to stop the sale of this cream and have had it withdrawn from many websites and on-line market places but people may have purchased it in the past and still be using it.

Yiganerjing Cream is not a licensed medicine and has been marketed in the UK as a “natural” Chinese herbal medicine for the treatment of a range of skin conditions, most commonly eczema, psoriasis and rosacea.

Our analysis found the presence of the steroid clobetasol propionate. This steroid is the active ingredient in Prescription-Only Medicines used for the treatment of a range skin conditions such as psoriasis and eczema. Creams containing steroids should be used sparingly and as directed by the prescriber. It is contraindicated in children under 1 year of age.

We are also aware of the use, via a herbal clinic, of a product called Penny Orange Cream which has also been found to contain clobetasol propionate. While this product is no longer available, and we are not aware of its widespread use, it did contain an undisclosed steroid and should not be used.

If you are unsure about the safety of a medicine claiming to be “natural” or “herbal” you should check for a Marketing Authorisation (MA) or Product Licence (PL) number or Traditional Herbal Registration (THR) number / the THR logo. This means the product has been assessed by MHRA for safety and has been manufactured correctly. For more information, visit NHS Choices.

Dr Chris Jones, Manager of the Medicines Borderline Section at MHRA said:

The sale of potent steroid creams directly to the public is illegal for good reason. If used without medical supervision these medicines can be dangerous.

Steroids must be prescribed by healthcare professionals who follow strict criteria when prescribing them and monitoring patients using them. They can suppress the skin’s response to infection, can cause long-term thinning of the skin, and if applied long term over a wide area, particularly in babies and children, can cause other medical problems.

Our advice to anyone who is using Yiganerjing Cream, particularly on young children and babies, is to discontinue use immediately. If you have any questions, please contact your healthcare professional.

If you are aware of Yiganerjing cream being sold, please report it to MHRA at Borderline_medicine@mhra.gov.uk.

Minister of State for Europe and the Americas Sir Alan Duncan met Russian Ambassador to the UK, Alexander Yakovenko, at the Foreign and Commonwealth Office today (27 February) to stress UK concern at the current situation in Syria, particularly the crisis in Eastern Ghouta and the need for a ceasefire as stipulated in Resolution 2401 passed by the UN Security Council last weekend.

Minister Duncan welcomed the fact that all UN Security Council members, including Russia, had voted in favour of a ceasefire and underlined Russia’s obligations to adhere to its commitments to ensure that UNSCR 2401 was implemented in full. Minister Duncan reiterated the UK Government’s deep concern about reports of continued attacks by pro-regime forces in Eastern Ghouta, where an estimated 400,000 people have been under siege since 2013, including reports of chemical weapons use.

Minister Duncan urged Russia to use its influence to ensure the Syrian regime adhered to the ceasefire in order to allow rapid, unimpeded and sustained humanitarian access and non-conditional medical evacuations which are urgently needed across Syria, but particularly Eastern Ghouta. Only one inter-agency convoy has accessed Eastern Ghouta since November, reaching just 2.6% of people in need. Humanitarian pauses of limited duration are no substitute for a sustained ceasefire.

Minister Duncan underlined that the violence in Syria reinforces the urgency of achieving a political solution, as called for by the UN Security Council, and urged Russia to work with the international community to achieve this.

Further information

• Follow Sir Alan Duncan on Twitter @AlanDuncanMP

• Follow the Foreign Office on Twitter @foreignoffice and Facebook

• Follow the Foreign Office on Instagram, YouTube and LinkedIn

Shalini Khemka is the Founder, Chief Executive Officer and Board Director of E2Exchange (E2E), which champions and connects entrepreneurs, creates communities, invests equity capital and recruits non-executive directors for SMEs. Shalini’s background is in financial services, with a specialism in banking. In previous executive roles, Shalini co-founded the world’s first online ‘bank to bank’ trade finance company, after which she served as an Investment Director at LDC, the private equity arm of Lloyds Banking Group.

Shalini also brings extensive advisory experience to UK Export Finance (UKEF), having previously served on the Advisory Board of the Centre for Entrepreneurs and the Development Board of the Royal Philharmonic Orchestra. Currently, she is a fellow of Burton & South Derbyshire College, and a member of both the Mayor of London’s Business Advisory Board and the Advisory Committee of the Commonwealth Entrepreneurs.

As a member of UKEF’s Board, Shalini will support the Chief Executive and Ministers in developing UKEF’s strategy and overseeing its operations by providing advice, challenge and assurance.

New appointees to the Export Guarantees Advisory Council

John Morrison is the founding Executive Director of The Institute for Human Rights and Business. He holds over two decades of business and human rights advisory experience, including roles with the United Nations, UK government’s Foreign and Commonwealth Office, General Electric and the governments of Denmark, Sweden, Finland, Norway and Switzerland.

Dr Roseline Wanjiru is a Senior Lecturer at Newcastle Business School, with interdisciplinary research interests in economic development, trade and industrial policy, foreign direct investment and innovation strategies. She brings over 20 years’ experience in the sector, including time spent in the University of Leeds, University of Huddersfield and presently in Northumbria University.

As members of the Export Guarantees Advisory Council, John and Roseline advise the Secretary of State for International Trade on UK Export Finance operations, including environmental, social and human rights risks, as well as sustainable lending, compliance and transparency considerations.

Baroness Fairhead, Minister of State for Trade and Exports, said:

As an international economic department, we want to make sure that UK exporters benefit from world-leading export credit agency support. The UKEF Board and Export Guarantees Advisory Council play a vital role in our efforts to achieve our ambitions for UK trade, and will be further strengthened with these appointments.

On joining the Board, Shalini Khemka remarked:

I’m excited to be joining the Board of UK Export Finance, a truly world-leading export credit agency. Thanks to UKEF’s support, companies across the UK are realising their export potential in the global marketplace. I look forward to playing a role in this success, supporting the Government in realising its ambitions for UK trade.

John Morrison, Executive Director of the Institute for Human Rights and Business, said:

The work of the Export Guarantees Advisory Council ensures UK Export Finance remains at the forefront of ethical and sustainable business practices. I’m very pleased to be using my experience in business and human rights to support the government’s trade objectives.

Dr Roseline Wanjiru, Senior Lecturer and Programme Leader for Business with International Management and Business with Economics, Northumbria University, said:

The government has an ambitious trade agenda, and the Export Guarantees Advisory Council plays a vital role providing policy advice to ministers as they look to realise this agenda. I look forward to playing a part in ensuring best practice in trade finance support for the UK’s exporters.

Louis Taylor, CEO of UK Export Finance, said:

Shalini, Roseline and John each bring over twenty years’ experience and a wealth of specialist knowledge as leaders in their respective fields. I’m delighted to welcome them to their new roles, and very much look forward to working with them as we continue to enhance and expand our support for the UK’s exporting community.

Background

1. UK Export Finance is the UK’s export credit agency and a government department, working alongside the Department for International Trade as an integral part of its strategy and operations.

2. It exists to ensure that no viable UK export should fail for want of finance or insurance from the private market. It provides finance and insurance to help exporters win, fulfil and ensure they get paid for export contracts.

3. Sectors in which UKEF has supported exports include: aerospace, construction, oil and gas, mining and metals, petrochemicals, telecommunications, and transport.

4. UKEF has a regional network of 24 export finance managers supporting export businesses.

5. Find the [latest information on UKEF’s country cover positions]https://www.gov.uk/guidance/country-cover-policy-and-indicators).

6. The Export Guarantees Advisory Council is an advisory non-departmental public body, sponsored by UK Export Finance. Its function is to advise the Secretary of State for International Trade on UK Export Finance’s operations.

7. UKEF supports exporters with a range of products that include:

• Bond insurance policy
• Bond support scheme
• Buyer & supplier credit financing facility
• Direct lending facility
• Export insurance policy
• Export refinancing facility
• Export working capital scheme
• Letter of credit guarantee scheme