Target Group comments on HMRC Property Transactions data

29 August 2025

Melanie Spencer, growth director at Target Group, said:

“In the market that is surrounded by economic or political uncertainty – at home and abroad – another positive monthly increase in transactions is hugely welcome and demonstrates both real confidence and enthusiasm among buyers across the market. While inflation remains a real obstacle, it seems that affordability pressures overall are showing signs of easing – plus lenders continue to play their part and innovate with no issues around availability of funds. There is a real willingness to lend and with increased scope from more flexible mortgage rules, lenders can really throw their arms around more clients.

“There’s no doubt that there could still be some choppy waters ahead, with inflation far from subdued and real unknowns when it comes global trade and further escalations abroad. How this will all play out will be closely watched – most notably by the central bank as they weigh up any further movement on interest rates against sticky inflation and a struggling economy. Even so, it seems there is growing optimism and buyers remain undeterred. With the support of the market, they are keen to push on with plans.”