Latest HMRC figures show rise in residential and non-residential deals
Property transactions in the UK – both residential and non-residential – increased in June 2025, according to the latest data from HM Revenue & Customs (HMRC).
Seasonally adjusted figures show that residential transactions rose by 13% to 93,530, up from 82,510 in May. The non-seasonally adjusted total also climbed, recording a 17% month-on-month increase to 95,080.
Non-residential transactions followed a similar trend. Seasonally adjusted non-residential deals grew to 10,310, up by 5% from May and were 4% higher than in June 2024. On a non-seasonally adjusted basis, non-residential transactions were up 8% from the previous month to 10,190.
Industry leaders pointed to increased buyer confidence and recent policy changes as contributing factors.
“In a welcome break from the usual summer slowdown, the latest rise in UK property transactions signals growing buyer confidence,” said Hamza Behzad (pictured left), business development director at mortgage software provider finova. “In May, we saw mortgage approvals shoot up for the first time in 2025, and as the Chancellor moves to slash regulatory red tape – potentially enabling lenders to offer mortgage loans at over four and a half times a buyer’s income – opportunities are opening up.
“While overall market activity hasn’t yet returned to historic highs, the market does appear to be steadying. With the Bank of England widely expected to cut rates next week, conditions could become even more favourable for buyers in the months ahead.”
Nick Leeming (pictured centre), chairman at Jackson-Stops, noted that while the surge in activity seen earlier in the year may not be repeated, the market remains stable.
“The full market picture is one that points to both an increase in demand as well as supply, with an upward trend of agreed sales likely to be reflected in figures in the coming months as mortgage affordability loosens,” Leeming said.
He added that certain areas, particularly market towns and commuter-friendly locations, continue to attract buyers. “We expect market activity to hold steady in the coming months unless further stimulus is introduced such as interest rate cuts or targeted government incentives.”
For Tony Hall (pictured right), head of business development at Saffron for Intermediaries, the latest data points to resilience among buyers. “Today’s figures show an encouraging uplift in transactions, indicative of resilience among buyers despite the recent rise in inflation,” he said.
“Since April’s stamp duty threshold announcement, evidence suggests that buyer confidence has been renewed, and this sentiment continued in June. Challenges are lingering though, as multiple leading property portals have started to place pressure on the government to provide flexible SDLT payment options.
“Steady buyer activity combined with anticipated rate cuts suggest a positive outlook heading towards the autumn.”
Higher property transactions typically signal increased activity in the housing market, which can benefit mortgage brokers through greater demand for home loans and refinancing services. More transactions mean more clients seeking advice, mortgage products, and application support. This can lead to higher commission opportunities and stronger business pipelines. Additionally, a busier market may encourage lenders to introduce new products, giving brokers more options to offer clients.
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter. You can also follow us on Facebook, X (formerly Twitter), and LinkedIn.
