Residential properties transactions increased by 104% year -on -year on a seasonally adjusted base in March 177,130 before the change of bell tax threshold, they have revealed the latest figures.
According to HMRC, transactions were also 62% higher than the previous months.
In a basic basic not seasonally adjusted, the transactions of the house totaled 164,650-89% more than the previous year and 80% higher than February.
Nick Leeming, president of Jackson-Stops, commented: “The demand for buyers increased in March, promoting the terminations before the new timbre tax rates, distorting the market a little. As we saw the duration of the duration, the fixed influence of the fixed influence and the behavior of the vendors.
“Optimism is still high that the impulse will flow towards the spring rebound, since buyers resume their searches before summer and the new school year. In the Jackson-Stop network, we have seen a growth in the terminations, new instructions and applicants annually.
“Key Markets Such As Blandford, Cranbrook, Midhurst, Reigate and Woburn Saw Over Ten New Applicants By listing in march. This reflects the enduring draw of areas with outstanding Schools, Excellents Amenitions and Strong City Retewing to Offering and Looking ‘ Looking and looking’s looking and looking’s looking and looking’s looking and looking looking and looking’s looking and buyers looking and looking’s looking and buyers looking free looking and looking’s looking and betleerving and looking Looking and Betleerving: Lucing on weekends of slower rhythm.
IAIN McKenzie, CEO of the Greed of Property professionals, said: “The latest figures for HMRC properties reveal the impulse that was clearly fed by proactive buyers who ensure their movements ahead of the changes threshold widely.
“This increase prior to the newspaper, a common feature before tax settings as buyers rushed to overcome the clock, highlights the strong underlying desire among people to move home. While we naturally anticipate a period of adjustment as the market is established in the new timbre tax panorama from April, this is a well -understood pattern.
“Crucially, the foundations for the activity sustained in the future are positive. The market will continue to be backed by the engines ‘based on the needs’ that pursue their essential life plans. It added to this more natural spring and the month of the summary and spring and the spring of Suncant in the spring and the spring of Souncant and Sunars Sunars and Sounars and Sunars and Sounars Sounars, and Souars.
“Perhaps the most significant, the improvement of the landscape for mortgage rates, combined with the growing expectation of interest rate cuts later in the year, should provide a floor for the activity. These factors should reinforce the confidence and affordability of the buyer.
“Then, although the first quarter of this year reflects a unique snapshot influenced by the deadline of taxes, the underlying drivers (resistant demand, positive seasonality and financial improvements, give Heal’s land for the optismism of Heal Grounds the rest of 2025”.
Nathan Emerson, CEO of Propertymark, commented: “The rush to avoid changes in the Timbre Tax threshold in England and Ireland of the North promoted many people to prioritize their purchase before the recent deadline of April 1, 2025. Traditionally occupied of spring and summer.
“Recent data demonstrate a growing variety of two -year fixed rate mortgages that offer more affordability than only twelve months before, which gives consumers more more options and greater financial flexibility. The mortgage still is again again again again again again again again again again again again, before they were generally before 2022. medium in the long term.
Tom Bill, Chief of Residential Research of the United Kingdom in Knight Frank commented: “Transactions in March were 59% above the average of five years for the month due to the timbre tax cliff. While we should see a pause in April, the deceleration risks have grown, which supports the demand of the coming months is that the inflationary press in the system for reasons that include the recent taxes of taxes. Mean cuts.
Neil Knight, Director of Division of Spicerhaart Part Exchange and group customers, said: “Another monthly increase in transactions was to be expected since buyers rushed to overcome the deadline of timbre tax. A key benefactor sector such as ITTT time scales could still be achieved.
“Increasing competition on mortgage racks Will Certainly Help to Counter -This, as Will Further Movement On The Base Rate. There’s no Question Thought Thatte Thought and Developers Will Still Need To Respond to this Change Explore Oven Oelat and Othe Oven Oelat and timely and timely and timely and timely and timely and timely and timely OPORCIO and OPORT AND EXPORT AND SUBJECT AND IMPOSE THE stay instead of government support.
“Together with the impulse of deposit or the capital schemes, we are already seeing increasing consultations that are produced through PARC-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-EX-
Andrew Lloyd, MD of Search Acume, added: “The impressive burst in the activity of the residential buyer when we reached the end of the bell tax vacations was reflected by an equally strong performance in the commercial real estate sector.
“Investors were attracted to shopping centers and warehouses, since retail trade arose when the leading sector that offered strong returns.
“While the growth of profits and constant demand for commercial properties point to a promising summer, the transaction processes remain plagued with inefficiencies that require a lot of time to run the risk of stopping market activity at a critical moment.
“The evidence is clear. Adopting digital tools to modernize current outdated procedures will help unlock all market potential.”
