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Property accountants have been in demand in recent months, with transactions on homes costing more than £40,000 up year on year.

The latest statistics from HM Revenue & Customs are only provisional, but they show 220,000 transactions throughout the UK in the second quarter of 2012, on a seasonally adjusted basis.

By comparison, in the same period of 2011, just 212,000 transactions took place.

The data excludes low-value sales of homes costing less than £40,000, and is based solely on the number of transactions, rather than on the value of the properties above that threshold.

Compared with the previous quarter, figures were down slightly in Q2 2012, from a four-year high of 246,000 in the first three months of the year.

However, that may be due to the changing rules on property tax, as the end of the stamp duty holiday for first-time buyers spurred many into buying early this year.

Overall, each of the past two years has seen transactions rise – from 848,000 in 2009 to 880,000 in 2010 and 883,000 in 2011.

And with 466,000 transactions over £40,000 already recorded this year, the market is well on track to keep property accountants busier still in 2012.