The variety of UK residential property transactions was 13% increased in June than July at 93,530, in keeping with the newest figures from HM Revenue & Customs.
June’s determine was additionally 1% increased than the identical month final yr and consultants say this rise in accomplished gross sales exhibits the market is stabilising after the stamp obligation will increase in April.
Jackson-Stops chairman Nick Leeming says: “While the surge in exercise seen in March is unlikely to be repeated, the market stays regular for now, with completions progressing at a wholesome tempo, although regional variations proceed to affect transaction timelines and completions.
“The full market image is one which factors to each a rise in demand in addition to provide, with an upward development of agreed gross sales more likely to be mirrored in figures within the coming months as mortgage affordability loosens.”
Propertymark chief government Nathan Emerson says: “It is extraordinarily constructive to see an uplift within the variety of housing transactions for June 2025.
“Overall, the housing market is beginning to see development, particularly following the current upheaval of the stamp obligation threshold modifications, the place we had a rush throughout England and Northern Ireland, adopted by a right away lull.
Zoopla government director Richard Donnell says: “The newest data exhibits housing gross sales are on the rise, choosing up on improved purchaser confidence from steady mortgage charges and extra sellers available in the market, a lot of whom are additionally patrons.
“Zoopla data for gross sales, leads these completion statistics by 5 to 6 months, exhibiting gross sales will proceed to extend, with gross sales on observe to complete 1.15m, 5% increased than over 2024.”
Search Acumen managing director Andrew Lloyd says: “While buyer-friendly dynamics are pushing costs down for some regional housing markets, the business sector is taking a look at a interval of stabilisation after values bottomed out in 2024.
“The first half of 2025 was characterised by constant, resilient restoration, the place constructive tendencies in capital and rental values continued to create invaluable alternatives for traders, mirrored within the robust transaction figures we see for June.
“Investors are gravitating towards industrial, retail warehousing and residing sectors. Prime belongings and workplace house in central London are gaining traction, although many secondary properties face ongoing decline or restructuring.
“Over the subsequent few months, political and financial pressures proceed to dictate broader business tendencies, particularly worldwide investor urge for food.
“On the bottom, deal makers and attorneys might discover the summer season holidays stall a lot wanted progress.”
