According to figures from HMRC, April's property transactions were down 28% compared to the previous year - and 64% on the previous month.

149,660 residential sales were completed in March, up 89% from February.

So far in 2025, 38.0% of listings have featured at least one price cut.

Conveyancing costs for home movers reached a record £2,434 in Q1 2025, up 11.9% year on year.

Newly released data has revealed a dramatic impact on mortgage completions ahead of the government tax change on April 1st.

Trends highlighted in Landmark Information Group's latest report suggest that transaction pipeline activity is steady even after the SDLT deadline has passed.

Since the start of the month, home buyers in England and Northern Ireland now have to pay more stamp duty.

Market activity remains resilient despite the recent stamp duty increase, with most buyers who missed the deadline still proceeding.

Sellers are slashing asking prices to help mitigate the increased cost

Half of the respondents in a new survey who indicated they were delaying their purchase said they need to save extra money to pay the increased rate of stamp duty.