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Comment on HMRC property transactions "extremely encouraging" - Access FS

28 June 2024

Karl Wilkinson, CEO at Access Financial Services said: “This month’s residential transaction figures are a great improvement on last month’s and extremely encouraging for the industry.

“For example, last month’s non-seasonally adjusted estimate of UK residential transactions for April 2024 were 9% lower than the previous month. May 2024 figures, however, are 18% higher than April 2024 and a massive 24% higher than May 2023.

“It appears that consumers have come to terms with the fact that we’re unlikely to see significant drops in interest rates any time soon.”