HMRC said seasonally adjusted residential transactions reached 100,410 last month, 10% higher than the previous month.
It is the highest monthly seasonally adjusted figure since November 2022
Meanwhile, non-seasonally adjusted transactions were estimated at 111,100, up 23% on a year earlier and 17% higher than the previous month.
Mark Harris, chief executive of mortgage broker SPF Private Clients, said: “Lower mortgage rates continue to boost market activity and improve transaction numbers.
“With two interest rate cuts behind us and more to come next year, buyers feel better able to commit to a property purchase.
“Swap rates have also eased, which should enable lenders to offer lower mortgage rates. This will be welcome after a few weeks where pricing has edged upwards again.”
