Access Financial Services comment on HMRC property transaction data

30 September 2026

Karl Wilkinson, CEO and founder of Access Financial Services, said:

“A slight fall in property transactions shows that caution is still playing a part in the housing market, but it would be wrong to read a monthly decline as evidence that buyers have disappeared. These figures reflect completed transactions, so they tell us more about activity from several months ago than what is happening today.

“What is more interesting is the changing composition of mortgage business. Higher-LTV lending is becoming a larger part of the market and remortgaging is accounting for an increasing share of owner-occupier advances, showing that borrowers are still finding reasons to engage with the market even when purchase activity is subdued.

“For advisers, that makes understanding the individual circumstances behind a transaction more important than simply following the headline numbers. There is still business to be done, but it requires advisers to understand the different routes available to borrowers and help them make decisions based on their own circumstances.”