Target Group comments on HMRC property transactions

29 May 2026

Melanie Spencer, growth director at Target Group, said:

“Despite being up on the previous year, April saw the end to the momentum that had been quietly building in spite of the all the recent disruption. As mortgage pricing shifted, so did sentiment among buyers as prospective purchasers fell away and left those that need to move.

“Today though, we wake up to news of rate cuts across the market, including from some of the big boys – reacting to recent easing of swap rates and the view that a base rate hike is now less likely. There’s an argument to say that there is still some margin to work with and depending on competition and where lenders are against target, we could see more movement. As advisers encourage clients to move quickly and capture these deals in a rapidly changing market, lenders need to make sure they are fully prepared and can withstand any extra demand. As the market landscape continues to shift at pace, efficient, scalable and tech-enabled processes become absolutely critical.”