UK home sales reach new heights in June

The latest figures from HMRC have revealed a surge in UK home sales during June. There were an estimated 91,370 property transactions, which is an 8% increase compared to the same month last year. However, there was a slight dip of less than 1% from May 2024. Despite this, industry experts remain optimistic about the market's recovery. Iain McKenzie, CEO of the Guild of Property Professionals, commented that a month-on-month decrease is nothing to worry about and the market still shows strength compared to the previous year. Meanwhile, Kevin Roberts, managing director at Legal and General Mortgage Services, remarked on the market's stability through June and July, with buyers showing resilience amidst General Election speculation. 

Evening Standard (31/07/2024)   The Express (31/07/2024)   The Independent (31/07/2024)   The Mirror (31/07/2024)