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Phoebus comment on HMRC Property Transactions
29 August 2025
Richard Pike, chief sales and marketing officer at Phoebus Software, commented:
“An uplift in transactions in July is another indication that confidence is returning to the housing market. The widely predicted base rate cut in August has clearly encouraged activity, and as a result of that cut, we could see this momentum build. The next key question is how the MPC moves in September, trying to balance inflationary pressure with rising unemployment. What matters now is ensuring the industry can support buyers and brokers efficiently.”
