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Home sales jump by a quarter after April slump

June 28, 2025

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The Journal

THE number of home sales picked up by a quarter month-on-month in May following a plunge in April as a stamp duty holiday ended, according to HM Revenue and Customs (HMRC) figures.

Across the UK, around 81,470 home sales were recorded provisionally in May, which was 25% higher than April but a 12% fall compared with May 2024.

Stamp duty discounts became less generous for some homebuyers from April, with people rushing to complete deals before the deadline. Stamp duty applies in England and Northern Ireland.

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