Spicerhaart PX comments on HMRC property transactions data

31 October 2025

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

“While non-seasonally adjusted figures are up on the previous year, a dip in monthly residential transactions will certainly give many a fright today. Despite the best efforts of lenders and developers, there will be buyers and sellers still firmly in a holding pattern ahead of the upcoming Budget, awaiting further clarity on economic policy. However, this doesn’t necessarily signal a lack of underlying demand. Instead, a good number of buyers have been quietly getting on with the job of buying and moving – buoyed by incentives and support offered by lenders and developers in the new build space.

“As we edge closer to the Budget and beyond, this is something that must continue in earnest. We have been encouraged by increasing uptake among developers of both part exchange and assisted move schemes. If households budgets do get squeezed post-Budget, these pathways will prove absolutely vital in minimising the stress and expense of a house move, helping to grease the wheels and keep transactions moving in a positive direction.”