Latest property transaction data ‘won’t be happy reading’ for Rachel Reeves

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Official figures from HMRC show the UK property market is still weak, says Blick Rothenberg's Heather Powell...

Written by

Heather Powell

Head of Property and Construction at Blick Rothenberg

Heather Powell is Head of Property and Construction at audit, tax and business advisory firm, Blick Rothenberg.

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Properties valued at over £1mn accounted for just 4% of all transactions in 2023-24, but over half of total SDLT receipts.
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Following an eventful few months, veteran agent Trevor Abrahmsohn looks at what 2025 could have in store for the capital's buyers, sellers, landlords & tenants.