Propertymark response to latest HMRC UK property transactions report

February 28, 2025

Nathan Emerson, CEO of Propertymark, comments:

“Upcoming threshold changes regarding Stamp Duty for those buying in England and Northern Ireland will no doubt have had people aiming to complete with a higher degree of urgency than normal on their new home before the April deadline.

“Overall, the figures represent an encouraging underpinning for the housing sector as we head further into 2025, with a strong uplift in housing transactions year on year and with interest rates sitting markedly lower than twelve months back, there is a solid base for growth as the year progresses.

“However, there are still challenges to overcome and we are keen to see government home building plans from across all corners of the UK implemented to help ease housing shortages and make housing more affordable in the long-term across many regions.”

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Breaking News

Right to Manage: changes to legislation come into effect on Monday

On Monday 3 March further provisions within the Leasehold and Freehold Reform Act 2024 come into force, including Section 49 which concerns the change of non-residential limit on Right to Manage (RTM) claims. This secondary legislation will mean that residential leaseholders within a mixed-use scheme will qualify for RTM when the commercial element of a…
Read More →
Breaking News

Fall in construction workloads, warns Federation of Master Builders

Workloads for small building companies fell by 8% in the last three months of 2024, according to the latest Q4 2024 State of Trade Survey from the Federation of Master Builders (FMB). Brian Berry, Chief Executive of the FMB said, “The latest State of Trade Survey, looking at SME construction activity during the last three…
Read More →
Estate Agent Talk

Propertymark response to latest HMRC UK property transactions report

Nathan Emerson, CEO of Propertymark, comments: “Upcoming threshold changes regarding Stamp Duty for those buying in England and Northern Ireland will no doubt have had people aiming to complete with a higher degree of urgency than normal on their new home before the April deadline. “Overall, the figures represent an encouraging underpinning for the housing…
Read More →
Estate Agent Talk

Nationwide House Price Index – Thoughts from the Industry

Latest data from Nationwide showing property prices have risen by 3.9%, here are some thoughts from the industry. Nathan Emerson, CEO of Propertymark: “Year on year it is positive to see progression within the housing market, and it is encouraging to see momentum continue as we head further into 2025. There are still aspects to…
Read More →
Breaking News

Nationwide HPI – House price growth remains solid in February

Annual rate of house price growth remained broadly stable in February at 3.9%, compared with 4.1% in January House prices up 0.4% month on month Recovery in housing market transactions in 2024 Headlines Feb-25 Jan-25 Monthly Index* 543.7 541.6 Monthly Change* 0.4% 0.1% Annual Change 3.9% 4.1% Average Price (not seasonally adjusted) £270,493 £268,213 *…
Read More →
Home and Living

What’s the Best Sofa for a Cozy Winter Living Room?

Winter transforms living rooms into sanctuaries of warmth and comfort, with the sofa playing a central role in creating that cozy atmosphere. A well-chosen sofa can make the difference between a merely functional space and a truly inviting winter retreat. The ideal winter sofa combines deep, plush cushioning with durable materials like velvet or high-performance…
Read More →