June Sees 13% Spike in Property Transactions – Here’s What It Means for Buyers

The latest HMRC data shows that residential property transactions across the UK rose by 13% in June 2025, reaching 93,530 completions — a sign that housing market confidence may be on the mend after a turbulent spring.

With transaction volumes also 1% higher than the same month last year, industry analysts point to a stabilising market following stamp duty reforms and gradual improvement in mortgage affordability. As buyer activity climbs, estate agents and lenders alike anticipate further momentum into autumn.

According to HMRC, property sales in June outpaced May by 13%, reflecting an uptick in completions following recent changes to stamp duty thresholds. Though March’s pre-reform rush is unlikely to be repeated, experts say the latest figures suggest the market is finding a more balanced rhythm.

“Completions are progressing at a healthy pace, though regional variations remain,” said Jackson-Stops chairman Nick Leeming. “The wider picture points to both rising demand and supply, with more agreed sales likely to show up in the next set of data.”

With mortgage rates showing signs of stability, buyer activity appears to be recovering. Propertymark chief executive Nathan Emerson commented: “It’s encouraging to see housing transactions pick up in June. After the surge and slump caused by the stamp duty shake-up, the market is regaining its footing.”

Zoopla’s Richard Donnell also highlighted the impact of renewed buyer interest: “More listings and improved mortgage availability are bringing both buyers and sellers back into the market. Our data suggests completions will continue to rise into the second half of the year.”