Movera comments on today's property transactions data

28 November 2025

Nick Hale, CEO at Movera, commented:

“It’s reassuring to see that transactions continued to persevere in October as many buyers refused to be sidelined by Budget speculation. We can now expect to see property transactions continue this upward trajectory into 2026, as mainstream buyers emerged from Wednesday’s announcement relatively unscathed.

“While the highest value properties over £2m+ were hit with a mansion tax, the impact of this on supply and demand should be limited to the very upper end of the market – a far better outcome than the rumored annual tax for all homes over £500,000. However, Reeves failed to introduce any new assistance for first time buyers, instead pushing any discussion of new initiatives back into next year. So, its likely hesitation may continue for that segment of the market too.

“But for the vast majority of buyers, there’s no longer cause for delay. Many lenders have cut mortgage rates in recent weeks. Brokers should be advising their clients to take advantage of these deals now. With inflation on its way down finally, another base rate cut could follow in a matter of weeks, leading to even more enticing rates.

“At Movera, we’re here to support brokers and conveyancers as the market picks up, and demonstrate that by investing in digitisation, transactions can progress quicker and easier for all parties involved.”