The number of residential property transactions completed across the UK increased slightly in June, according to the latest provisional figures published by HM Revenue & Customs (HMRC).

The provisional seasonally adjusted estimate recorded 98,700 residential transactions during June 2026, 2% higher than in June 2025 and marginally higher (less than 1%) than in May 2026.

On a non-seasonally adjusted basis, there were 99,600 residential transactions, representing a 1% increase compared with June 2025 and a 4% rise on the previous month.

Ryan Brailsford, Distribution Director at Pepper Money, said: "An annual rise in transactions is a positive signal. This time last summer, buyers were still adjusting to a run of much higher mortgage rates, and confidence across the market was noticeably fragile, so a step up on those numbers reflects a chunk of that adjustment now being absorbed. Mortgage approvals have picked up over recent months, and some lenders have adapted their affordability criteria to reflect changing market conditions, while continuing to apply robust checks. That's translating into more people feeling able to commit to a move.”

Commercial property transactions also increased. HMRC recorded a provisional seasonally adjusted estimate of 10,670 non-residential transactions in June, up 7% year-on-year and 2% higher than in May. The non-seasonally adjusted total reached 11,070 transactions, also 7% higher than a year earlier and 5% above the May figure.