He added that certain areas, particularly market towns and commuter-friendly locations, continue to attract buyers. “We expect market activity to hold steady in the coming months unless further stimulus is introduced such as interest rate cuts or targeted government incentives.”
For Tony Hall (pictured right), head of business development at Saffron for Intermediaries, the latest data points to resilience among buyers. “Today’s figures show an encouraging uplift in transactions, indicative of resilience among buyers despite the recent rise in inflation,” he said.
“Since April’s stamp duty threshold announcement, evidence suggests that buyer confidence has been renewed, and this sentiment continued in June. Challenges are lingering though, as multiple leading property portals have started to place pressure on the government to provide flexible SDLT payment options.
“Steady buyer activity combined with anticipated rate cuts suggest a positive outlook heading towards the autumn.”
Higher property transactions typically signal increased activity in the housing market, which can benefit mortgage brokers through greater demand for home loans and refinancing services. More transactions mean more clients seeking advice, mortgage products, and application support. This can lead to higher commission opportunities and stronger business pipelines. Additionally, a busier market may encourage lenders to introduce new products, giving brokers more options to offer clients.