Latest HMRC UK Property Transactions Report

April 30, 2025
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Headline statistics from the latest transactions data include:

The provisional seasonally adjusted estimate of the number of UK residential transactions in March 2025 is 177,370, 104% higher than March 2024 and 62% higher than February 2025

The provisional non-seasonally adjusted estimate of the number of UK residential transactions in March 2025 is 164,650, 89% higher than March 2024 and 80% higher than February 2025

The provisional seasonally adjusted estimate of the number of UK non-residential transactions in March 2025 is 11,200, 12% higher than March 2024 and 10% higher than February 2025

The provisional non-seasonally adjusted estimate of the number of UK non-residential transactions in March 2025 is 12,090, 7% higher than March 2024 and 37% higher than February 2025

 

Nathan Emerson, CEO of Propertymark, comments:

“The rush to avoid Stamp Duty threshold changes across England and Northern Ireland spurred many people to prioritise their purchase before the recent 1 April 2025 deadline. However, it will now be key to see sustained momentum in the sector during the traditionally busy spring and summer months. As the housing market starts to follow the usual buoyant seasonal trends, we are likely to see an influx of properties for sale for those in a prime position to find their next ideal home.

“Recent data demonstrates a growing array of two-year fixed-rate mortgages delivering more affordability that only twelve months previous, giving consumers more choice and greater financial flexibility. With many mortgage rates starting to dip down again, there is still yet some distance to go before they are still generally lower than they were prior to 2022. Should inflation decrease to 2 per cent or less, it would give the Bank of England potentially far more flexibility to consider further interest rate cuts, which would typically result a far wider range of more affordable mortgage products in the medium to long term.”

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