Property Market Activity Remains Subdued as Affordability and Uncertainty Weigh on Buyers | HMRC Property Transactions

UK property transactions decline 2% year-on-year in August

UK residential property transactions fell 1% in August compared to July, with HMRC figures showing 95,220 deals completed. The figure represents a 2% decline year-on-year as the market awaits the Chancellor's autumn Budget announcement.

Property deal numbers slip again ahead of Budget

Latest transaction figures from HMRC reveal a second successive monthly and annual fall as the market lull continues.

Fresh figures reveal growing pressure on the housing market

Explore the latest trends in UK property transactions as August saw a decline due to economic uncertainty and borrowing costs.

Property market activity remains subdued as affordability and uncertainty weigh on buyers | HMRC property transactions

The HMRC property transaction figures for August provide another snapshot of a housing market navigating affordability pressures, mortgage rate volatility and continued uncertainty around the economic and policy outlook. We’ve gathered commentary from across the mortgage and property sectors on what the figures mean for buyers, sellers and advisers, and where the market could go […]

Property transactions fell by 1% in August: HMRC

The number of UK residential property transactions fell by 1% in August 2026 compared with July and 2% lower than 12 months ago, according to the latest