In response to the HMRC property transactions data published today which showed that on a seasonally adjusted basis the number of UK residential transactions in June is 93,530, 1% higher than June 2024 and 13% higher than May 2025, Nick Leeming, Chairman of Jackson-Stops, comments:
“While the surge in activity seen in March is unlikely to be repeated, the market remains steady for now, with completions progressing at a healthy pace, though regional variations continue to influence transaction timelines and completions. The full market picture is one that points to both an increase in demand as well as supply, with an upward trend of agreed sales likely to be reflected in figures in the coming months as mortgage affordability loosens.
“Across the Jackson-Stops network, our national figures show the mid to high end market remained steady in June, particularly across historically rich, well-connected market towns like Bury St Edmunds, Chichester and Colchester. We are seeing a seasonal uptick of prime country homes launch to market reflecting sustained buyer appetite for areas that blend heritage with accessibility. Similarly, high completion levels in Colchester, Hale, Northampton, and Sevenoaks highlights the continued demand for lifestyle-led, commuter-friendly areas.
"We expect market activity to hold steady in the coming months unless further stimulus is introduced such as interest rate cuts or targeted government incentives. For example, Jackson-Stops’ recent analysis of the downsizer market shows that stamp duty relief could unlock up to half a million homes within a year, offering an immediate boost to supply, transactions and tax revenues."
