The variety of UK residential property transactions was 13% larger in June than July at 93,530, in accordance with the newest figures from HM Revenue & Customs.
June’s determine was additionally 1% larger than the identical month final 12 months and specialists say this rise in accomplished sales reveals the market is stabilising after the stamp responsibility 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 pattern of agreed sales more likely to be mirrored in figures in the approaching months as mortgage affordability loosens.”
Propertymark chief govt Nathan Emerson says: “It is extraordinarily optimistic to see an uplift in 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 responsibility threshold modifications, the place we had a rush throughout England and Northern Ireland, adopted by a direct lull.
Zoopla govt director Richard Donnell says: “The newest knowledge reveals housing sales are on the rise, choosing up on improved purchaser confidence from secure mortgage charges and extra sellers in the market, lots of whom are additionally patrons.
“Zoopla knowledge for sales, leads these completion statistics by 5 to 6 months, exhibiting sales will proceed to extend, with sales on observe to complete 1.15m, 5% larger than over 2024.”
Search Acumen managing director Andrew Lloyd says: “While buyer-friendly dynamics are pushing costs down for some regional housing markets, the industrial sector is a interval of stabilisation after values bottomed out in 2024.
“The first half of 2025 was characterised by constant, resilient restoration, the place optimistic traits in capital and rental values continued to create precious alternatives for traders, mirrored in the sturdy 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 industrial traits, in specific worldwide investor urge for food.
“On the bottom, deal makers and legal professionals could discover the summer season holidays stall a lot wanted progress.”