HMRC’s property transaction data for January 2025

28th February 2025

  • The provisional seasonally adjusted estimate of the number of UK residential transactions in January 2025 is 95,110, 14% higher than January 2024 and marginally lower (less than 1%) than December 2024
  • The provisional seasonally adjusted estimate of the number of UK non-residential transactions in January 2025 is 9,350, 5% lower than January 2024 and 4% lower than December 2024

Andrew Lloyd , Managing Director at Search Acumen, says:

 

A typical slow start to the year should not detract from the fact that the recovery in the UK real estate market which kicked off last year continues to drive transactions in a positive direction.

Against a less-than-optimal macroeconomic backdrop, with low growth and inflation fears heralding turbulence in the horizon, the start to 2025 is nonetheless seeing a lot of promise in the residential and commercial real estate sectors.

In the housing market especially, the pending Stamp Duty deadline continues to put pressure on buyers to get transactions over the line.

Looking towards commercial property, improved projections for overall returns are encouraging buyers and sellers to capitalise on these investment opportunities.

To allow this stimulus to translate into sustained increases in property transactions, we need friction-free deal flows, but our current transaction processes are notoriously archaic and unnecessarily time consuming.

Digital solutions will help boost activity in the housing market and unlock the remaining barriers to growth.

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