Spicerhaart PX comments on HMRC Property Transactions data

29 August 2025

Neil Knight, divisional director at Spicerhaart Part Exchange and Group Clients, said:

“Further uplift in residential property transactions adds to the growing momentum we have seen in recent months. This upward trend is a clear sign that buyers have real confidence to push ahead with plans – buoyed by action and innovation from lenders, as well as increasing support from new build developers to facilitate purchases. While some mortgage rates may have crept up slightly in the last week, there’s no doubt that pre-emptive movement from lenders ahead of the August base rate cut certainly piqued the interest of some of those looking to move or buy.

“From our perspective, new build pipelines are certainly looking healthy as developers continue to read the room and come forward with schemes and incentives to help overcome any obstacles for potential buyers. The likes of part exchange and assisted move schemes are becoming increasingly prevalent among developers and used by customers to streamline the sales process. Alongside first-time buyers, it’s great to see avenues for those already in properties as their activity is key in facilitating other moves across the market.”