Finova Broker comment on HMRC Property Transaction data

30 September 2025

Matt Harrison, customer success director at Finova Broker, commented:

“This non-seasonally adjusted data shows the residential property market persevering despite uncertainty and the looming Autumn Budget. Unfortunately, Reeves’ speech yesterday at the Labour Party Conference didn’t provide many real clues about what the budget is set to include, and her warning of ‘hard choices to come’ won’t have done much to instil confidence, so we’ll probably still see transaction data take a hit in the coming months. Those waiting for some good news from Reeves or a further interest rate cut may find themselves waiting a while.

“As always, brokers are in prime position to provide advice to their clients about when to make a move and the best mortgage rates available. Ensuring you have answers for your clients, whatever direction Reeves takes with the budget will be key. Data-led tools can help give brokers the edge when outcomes aren’t clear, ensuring they stay on top of changing lender rates and remortgage opportunities.”