Propertymark response to latest HMRC UK property transactions report

March 28, 2025

UK monthly property transactions commentary

Headline statistics from the latest transactions data include:

  • the provisional seasonally adjusted estimate of the number of UK residential transactions in February 2025 is 108,250, 28% higher than February 2024 and 13% higher than January 2025
  • the provisional non-seasonally adjusted estimate of the number of UK residential transactions in February 2025 is 90,430, 24% higher than February 2024 and 10% higher than January 2025
  • the provisional seasonally adjusted estimate of the number of UK non-residential transactions in February 2025 is 10,090, 1% higher than February 2024 and 8% higher than January 2025
  • the provisional non-seasonally adjusted estimate of the number of UK non-residential transactions in February 2025 is 8,800, 2% lower than February 2024 and 4% higher than January 2025

Figures for seasonally adjusted residential transactions have seen a considerable increase in the lead up to the change in Stamp Duty Land Tax rates in April 2025. Figures for February 2025 increased by 13% from 95,790 in January 2025 to 108,250 in February 2025. Non-seasonally adjusted residential transactions increased by 10% in February 2025 relative to January 2025.

Seasonally adjusted non-residential transactions have also seen a substantive increase in transactions, with figures for February 2025 increasing by 8% relative to January 2025. Non-seasonally adjusted non-residential transactions are 4% higher relative to January 2025. Seasonally adjusted non-residential transactions are 1% higher than in February 2024.

Nathan Emerson, CEO of Propertymark, comments:

“It is positive news that many consumers have adapted to current market conditions concerning typically higher interest rates and the impact this can have on a potential house move. House price growth has recently been reflected in this month’s UK House Price Index which was published this week and found the average house price increased by 4.9 per cent year on year, which will provide comfort to existing homeowners.

“However, various governments across the UK must pay close attention to meeting their individual housing targets to help stabilise overall supply. Across the forthcoming years it will remain vital demand is met, as we see an ever-expanding population, which is expected to hit around 70m people by the end of the decade which in the longer term as supply increases this will keep a balancing effect on prices increases.”

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

How to add value to your home
Estate Agent Talk

Investing in Property: A Smart Move for Long-Term Financial Growth

In a world of fluctuating markets and uncertain economic trends, property investment remains one of the most stable and reliable ways to build long-term wealth. Whether you’re purchasing your first home, a rental unit, or commercial space, real estate continues to offer numerous advantages that set it apart from other types of investments. This article…
Read More →
How to help out hoarders
Estate Agent Talk

Neighbourly nightmares: One in three Brits face next-door disputes

New research from Rightmove reveals that over a third of Brits (36%) admit to having had an argument with their neighbour Top annoyances are noisy neighbours (78%), parking spot poachers (71%) and curtain twitchers (70%) Neighbour behaviours deemed the biggest red flags are asking for your Wi-Fi password (87%) and letting bins overflow (71%)  …
Read More →
Breaking News

Breaking Property News 07/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Interest rates cut to 4%, inflation expected to rise to the same figure The Bank of Engaland after two ballots approve 0.25% cut in rate to 4%, but inflation is double target figure In what is the fourth rate cut since Labour came into power…
Read More →
Breaking News

1 in 5 private rented homes could be illegal

More than one in five private rented homes in England currently fail to meet the Decent Homes Standard (DHS). Analysis from Inventory Base suggests that these properties would be illegal to rent should the proposed extension of the DHS within the Renter’s Rights Bill (RRB) pass into law. The DHS is a government-issued minimum standard…
Read More →
bank of england interest rate
Breaking News

Property Industry Response to Latest Bank of England Rate Cut

Following a hold in June, the rate has today been cut to 4.0%. This comes despite inflation (CPI) sitting at 3.6% in June 2025, higher than the Bank of England target rate of 2.0%. The decision to reduce the base rate by the Monetary Policy Committee was the result of five members voting for a…
Read More →
Rightmove logo
Breaking News

Rightmove Comment on The Bank Rate Cut

Matt Smith, Rightmove’s mortgage expert says: “As expected we now have the third Bank Rate cut of the year, with the Bank continuing along its forecast trajectory. Mortgage lenders have had a bit of room to reduce rates over the last week, owing to the ongoing developments around global tariffs. However, we expect that lenders…
Read More →