UK monthly property transactions for May 2025

June 27, 2025

Headline statistics from the latest transactions data include:

  • the provisional seasonally adjusted estimate of the number of UK residential transactions in May 2025 is 81,470, 12% lower than May 2024 and 25% higher than April 2025
  • the provisional non-seasonally adjusted estimate of the number of UK residential transactions in May 2025 is 80,530, 13% lower than May 2024 and 42% higher than April 2025
  • the provisional seasonally adjusted estimate of the number of UK non-residential transactions in May 2025 is 9,760, 5% lower than May 2024 and 4% higher than April 2025
  • the provisional non-seasonally adjusted estimate of the number of UK non-residential transactions in May 2025 is 9,520, 9% lower than May 2024 and marginally lower (less than 1%) than April 2025

Executive Summary

Figures for seasonally adjusted residential transactions in May 2025 have increased by 25% compared with 65,110 in April 2025 to 81,470. These numbers have been affected by the changes in Stamp Duty Land Tax Rates in England and Northern Ireland in April 2025. On 1 April 2025, the nil-rate threshold, which had been £250,000, returned to the previous level of £125,000. The nil-rate threshold for first-time buyers also decreased on 1 April 2025, from £425,000 to £300,000. The increase in transactions for May follows decreased transactions for April, which were likely brought forward into March to take advantage of the higher thresholds.

Non-seasonally adjusted residential transactions increased by 42% in May 2025 compared to April 2025.

Seasonally adjusted non-residential transactions have also seen an increase, with figures for May 2025 increasing by 4% relative to April 2025. Seasonally adjusted non-residential transactions are 5% lower than in May 2024.

Non-seasonally adjusted non-residential transactions are marginally lower (less than 1%) relative to April 2025.

Nathan Emerson, CEO of Propertymark, comments:

“It is extremely positive to see an enhanced magnitude of transactions month-on-month.

“But considering new Stamp Duty thresholds across England and Northern Ireland have kicked in, it’s understandable we have seen a considerable drop in housing transactions year-on-year.

“The housing market saw a mass rush of people working at pace to complete on their housing purchase to avoid any increased Stamp Duty liability. Nonetheless, we have seen positivity regarding the number of properties coming to the market, which has delivered a year-on-year increase of almost 15 per cent.”

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

Breaking News

£3bn tenant deposit shake-up on the cards

Tenant deposit money could be affected by plans to abolish insured deposit schemes   The latest research from The Letting Partnership has revealed that more than £3bn worth of tenant deposits are currently protected via insured tenancy deposit schemes across England and Wales, highlighting the scale of the transition facing the lettings sector should the…
Read More →
Breaking News

Brexit housing market winners and losers

England can’t keep pace with the other home nations And the south of England falls well behind the north   The latest research from Yopa has revealed a stark regional divide in house price growth since the Brexit referendum (June 23rd 2016), with Northern Ireland, Wales, Scotland and northern England recording some of the strongest…
Read More →
Breaking News

The Rental Market is Rebalancing

But 78% of Tenants Still Can’t Find What They’re Looking For Nine in ten landlords believe the balance of power in the rental market has shifted in favour of tenants over the last two years – yet a quarter of tenants still feel landlords hold the upper hand, according to new research from LRG. The…
Read More →
Letting Agent Talk

Dispelling the top five biggest letting agent myths

Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is a lot of information and speculation surrounding the sector making…
Read More →
Breaking News

A fifth of Gen Z would move 25 miles or more for affordable housing

Price is the top priority listed by Gen Z for finding a home (24 per cent), with location the aspect most compromised for affordability (21 per cent) Barclays Mortgage data shows the average deposit fell -16.4 per cent year-on-year in May, however it remains the top barrier to homeownership reported by renters Nine in 10…
Read More →
AI in estate agency letting agency property
Breaking News

Can AI-powered search platform push out Rightmove for renters?

Boss of global architecture firm takes on Rightmove with AI-powered search platform where renters describe where they want to live An AI-powered start-up launched by the former boss of a major architecture business wants to disrupt the duopoly of Rightmove and Zoopla by enabling renters to find homes by using normal everyday language – as…
Read More →