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Target Group comments on HMRC property transaction figures
31 October 2025
Reacting to the HMRC transaction data, Melanie Spencer, growth director at Target Group, said:
“At first glance, this might look as though the market is a little more resilient than it has been. I am not sure that’s the case and I am certainly not signing up for any cautious optimism. Remember, these stats don’t count the uncertainty generated in the immediate run-up to the Budget. That has put a real brake on the market. Buyers have been nervous about wealth taxes, council tax re-evaluations, even mansion taxes. That’s why the market has stumbled a bit recently. In the longer term, I am more optimistic given the easing of mortgage costs from lenders like the Halifax. That will help restore some confidence.”
