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.”

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