finova's comment on today's HMRC Property Transaction figures

31 January 2025

Matt Harrison, Commercial Director at finova Broker

"The latest HMRC property transaction figures paint an encouraging picture for the UK housing market, with a notable 19% year-on-year increase in seasonally adjusted residential transactions for December 2024. This upward trend suggests growing confidence among buyers and sellers, a positive signal as we head into 2025.

“While seasonal fluctuations are expected, the month-on-month rise in seasonally adjusted transactions reflects steady demand, which should give brokers, lenders, and advisers confidence in the market’s resilience. The non-residential sector has seen a slight year-on-year dip, but the monthly increase suggests ongoing activity. With this momentum, the industry should remain focused on ensuring accessible lending and efficient processes to support continued growth. As affordability remains a key concern, collaboration across the market will be essential to sustaining this positive trajectory into the new year."