Related topic: HMRC

An increase in May's transaction volumes suggest the market has remained more resilient than many expected amid ongoing geopolitical conflict.

Sales held steady in April, recording just a 3% drop month-on-month.

Transactions are 41% lower than in March 2025 when activity surged ahead of changes to stamp duty thresholds.

Transaction numbers remain steady as the housing market demonstrates resilience.

Residential property transactions rose 12% between January and November 2025, compared to the same period in 2024.

Around 60,000 investors claimed refunds in 2023-24.

June sales were up on both a monthly and annual basis.

UK residential property transactions rose sharply in May 2025, following the previous month’s downturn linked to changes in stamp duty thresholds.

On a seasonally adjusted basis, transactions were 104% higher than March 2024.

Stamp duty changes, more competitive mortgage deals, and easing financial pressures are contributing to higher demand.