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HMRC transactions steady but recent mortgage data ‘could spell trouble ahead’
HMRC’s latest property transaction figures remain stable despite ongoing economic uncertainty, but recent data suggests the sector could see a more challenging market in the second half of the year, commentators warn. HMRC’s May numbers show seasonally adjusted residential transactions are 2% lower in May than April, falling from 100,440 to 98,450. Comparisons with 2025 are favourable, with a 17%

HMRC transactions steady but recent mortgage data ‘could spell trouble ahead’
HMRC’s latest property transaction figures remain stable despite ongoing economic uncertainty, but recent data suggests the sector could see a more challenging market in the second half of the year, commentators warn. HMRC’s May numbers show seasonally adjusted residential transactions are 2% lower in May than April, falling from 100,440 to 98,450. Comparisons with 2025 are favourable, with a 17%


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