Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
UK Residential Property Transactions Down 2% in July, Says HMRC
The number of UK residential property transactions fell by 2% in July 2026 compared with June, according to provisional figures from HM Revenue and Customs (HMRC). Seasonally adjusted residential transactions stood at 96,710 in July, down from 98,390 in June and 1% lower than July 2025.
HMRC’s latest monthly property transactions statistics, published on 28 August 2026, show that the non-seasonally adjusted estimate for July increased by 3% compared with June, reaching 106,620 transactions. This was also 5% higher than the 101,650 transactions recorded in July 2025.
Between April and July 2026, there were 389,490 non-seasonally adjusted residential transactions, compared with 337,530 during the same period of 2025 to 2026. On a seasonally adjusted basis, there were 393,800 transactions between April and July 2026, compared with 342,900 during the previous financial year.
HMRC cautioned that these figures are provisional, as not all Stamp Duty Land Tax, Land and Buildings Transaction Tax, and Land Transaction Tax returns have been received at the time the statistics are gathered. The figures are expected to be revised in future months and generally settle after around three months.
The data represents completed transactions, which on average take two to four months after an initial offer is made on a property. HMRC noted that these figures do not necessarily represent the current strength of the property market.
The statistics cover transactions recorded through Stamp Duty Land Tax, Land and Buildings Transaction Tax, and Land Transaction Tax, using records from HMRC, Revenue Scotland, and the Welsh Revenue Authority.
These trends are relevant for UK letting agents and inventory clerks monitoring market activity and transaction volumes, as they may impact demand for rental properties and related services.
Source: Mortgage Strategy