Nathan Emerson, CEO of Propertymark, responds to the June UK monthly property transactions commentary from HMRC.
Sirs,
It is extremely positive to see an uplift in the number of housing transactions for June 2025.
Overall, the housing market is starting to see progression, especially following the recent upheaval of the Stamp Duty threshold changes, where we had a rush across England and Northern Ireland, followed by an immediate lull.
We are also seeing the UK Government signal that it wants to deliver a new wave of growth in the housing market, as the Leeds Reforms from Chancellor Rachel Reeves aims to encourage lenders to better provision for demographics such as first-time buyers.
The ambitious Social and Affordable Homes Programme from June 2025’s spending review aims to invest £39 billion to deliver approximately 300,000 new homes in England, which will help boost housing supply.
Ultimately such initiatives are hoped to inspire further levels of confidence in the housing market in the future.
Nathan Emerson
Chief Executive Officer
Propertymark
