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. Have a new story to share with us? Then please get in contact today!

You May Also Enjoy

Letting Agent Talk

Landlords and tenants advised to work together to get through extreme heatwaves

With some areas set to be hotter than Portugal this week, lettings and estate agents across the UK are issuing advice to protect properties ahead of extreme weather Prolonged periods of hot weather across the UK are placing additional pressure on homes, from overheating and poor ventilation to damage caused by extreme temperatures. Today, lettings…
Read More →
Estate Agent Talk

Nearly half of UK home listings fail to sell

A London estate agent has warned that thousands of homeowners across the UK are pricing themselves out of the market by setting asking prices that no longer reflect what buyers are willing to pay. The warning comes after new analysis by Zoopla, covering more than two million property listings between 2023 and 2026, found that…
Read More →
Rightmove logo
Breaking News

Lowest number of new build developments coming to market since 2017

New analysis from the UK’s largest property platform Rightmove reveals that the number of new build housing developments coming to market is at its lowest level since January 2017 The figures are despite the government’s target to build 1.5 million homes over the course of this parliament Higher mortgage rates continue to set a challenging…
Read More →
Estate Agent Talk

What Every Estate Agent Should Tell Clients Before Moving Day

For most estate agents, the job is done once contracts are exchanged, completion takes place, and the keys are handed over. For your client, however, that’s when one of the biggest challenges begins. Moving day has the power to turn months of excitement into an incredibly stressful experience, or a smooth finish to what has…
Read More →
Breaking News

Breaking Property News 9/7/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   PropTech is evolving but WhatsApp is still winning the Property transaction battle A home-moving process that a decade of PropTech failed to fix   Thought leadership by Olivier Jauniaux Founder of NestLink There are a particular series of messages, somewhere in every property chain, that decides whether…
Read More →
Breaking News

Heatwaves haven’t diminished love for south-facing gardens

The latest research from Yopa reveals that despite 81% of people saying they have been avoiding their garden during the recent heatwaves, south-facing gardens continue to be the preferred orientation of choice for UK homeowners, attracting house price premiums of over £20,000 on average. However, the insight from Yopa also suggests that should heatwaves become…
Read More →