{"analytics_identifier":null,"base_path":"/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above/uk-monthly-property-transactions-commentary--2","content_id":"6d075fae-f195-42c1-9934-4f1fccc9de60","description":null,"details":{"body":"<div class=\"govspeak\">\n<h2 id=\"headline-statistics\">Headline statistics</h2>\n\n<p>Headline statistics from the latest transactions data include:</p>\n\n<ul>\n  <li>the provisional seasonally adjusted estimate of the number of <abbr title=\"United Kingdom\">UK</abbr>\nresidential transactions in August 2026 is\n95,220, 2% lower than\nAugust 2025 and 1% lower\nthan July 2026 <br><br>\n</li>\n  <li>the provisional non-seasonally adjusted estimate of the number of <abbr title=\"United Kingdom\">UK</abbr>\nresidential transactions in August 2026 is\n96,250, 9% lower than\nAugust 2025 and 11% lower than\nJuly 2026 <br><br>\n</li>\n  <li>the provisional seasonally adjusted estimate of the number of <abbr title=\"United Kingdom\">UK</abbr>\nnon-residential transactions in August 2026 is\n10,220, marginally lower (less than 1%) than\nAugust 2025 and\n1% lower than\nJuly 2026 <br><br>\n</li>\n  <li>the provisional non-seasonally adjusted estimate of the number of <abbr title=\"United Kingdom\">UK</abbr>\nnon-residential transactions in August 2026 is\n9,080, 5% lower than\nAugust 2025 and 17% lower\nthan July 2026 <br><br>\n</li>\n</ul>\n\n<h2 id=\"executive-summary\">Executive Summary</h2>\n\n<p>Figures for seasonally adjusted residential transactions in\nAugust 2026 are 1% lower relative to\nJuly 2026, decreasing from 96,650 \nto 95,220. Seasonally adjusted transaction figures are 2% lower \nthan in August 2025.</p>\n\n<p>Non-seasonally adjusted residential transactions are \n11% lower than in August 2026 relative to \nJuly 2026.</p>\n\n<p>Seasonally adjusted non-residential transactions remained broadly stable, with figures for\nAugust 2026 \n1% lower relative to\nJuly 2026 and marginally lower (less than 1%) than in\nAugust 2025.</p>\n\n<p>Non-seasonally adjusted non-residential transactions are\n17% lower relative to\nJuly 2026, and 5% lower than in the same month last year.</p>\n\n<p>These statistics represent completions which are on average two to four months \nafter an initial offer is made on a property. They do not necessarily \nrepresent the current strength of the property market.</p>\n\n<h2 id=\"about-this-release\">About this release</h2>\n\n<p>These HM Revenue and Customs (<abbr title=\"HM Revenue and Customs\">HMRC</abbr>) National Statistics provide monthly\nprovisional estimates of residential and non-residential property\ntransactions in the <abbr title=\"United Kingdom\">UK</abbr> and its constituent countries. National\nStatistics are <a rel=\"external\" href=\"https://osr.statisticsauthority.gov.uk/accredited-official-statistics/\">accredited official\nstatistics</a>.</p>\n\n<p>These statistics are based upon records by <abbr title=\"HM Revenue and Customs\">HMRC</abbr>, <a rel=\"external\" href=\"https://www.revenue.scot/\">Revenue\nScotland</a> and the <a rel=\"external\" href=\"https://gov.wales/welsh-revenue-authority\">Welsh Revenue Authority\n(<abbr title=\"Welsh Revenue Authority\">WRA</abbr>)</a> for <a href=\"https://www.gov.uk/topic/business-tax/stamp-taxes\">Stamp Duty Land\nTax (<abbr title=\"Stamp Duty Land Tax\">SDLT</abbr>)</a>, Land and\nBuildings Transaction Tax (<abbr title=\"Land and Buildings Transaction Tax\">LBTT</abbr>) and Land Transaction Tax (<abbr title=\"Land Transaction Tax\">LTT</abbr>)\nrespectively.</p>\n\n<p>The latest release was published 09:30am 30 September 2026 and was updated\nwith provisional data from completed transactions during\nAugust 2026. The next release will be published\n<a href=\"https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above\">09:30am\n30 October 2026</a> and\nwill be updated with provisional data from completed transactions during\nSeptember 2026.</p>\n\n<p>The ‘Monthly property transactions completed in the <abbr title=\"United Kingdom\">UK</abbr> with value of\n£40,000 or above’ statistical release is <a rel=\"external\" href=\"https://www.nationalarchives.gov.uk/information-management/re-using-public-sector-information/uk-government-licensing-framework/crown-copyright/\">Crown\nCopyright</a>.\nThe information can be used as long as the source is clearly described.</p>\n\n<h2 id=\"the-latest-statistics\">The latest statistics</h2>\n\n<p>The latest statistics section provides information on <abbr title=\"United Kingdom\">UK</abbr> residential and\nnon-residential transactions during the previous 3 years. To demonstrate\nany underlying trends within the data, <a rel=\"external\" href=\"https://www.census.gov/data/software/x13as.html\">seasonally\nadjusted</a> transactions\nestimates are provided alongside non-seasonally adjusted estimates.</p>\n\n<p>Caution is advised when interpreting estimates for the latest month due\nto their provisional status. This is because they are based upon\nincomplete data as not all <abbr title=\"Stamp Duty Land Tax\">SDLT</abbr>, <abbr title=\"Land and Buildings Transaction Tax\">LBTT</abbr> and <abbr title=\"Land Transaction Tax\">LTT</abbr> returns are received by\n<abbr title=\"HM Revenue and Customs\">HMRC</abbr>, Revenue Scotland and <abbr title=\"Welsh Revenue Authority\">WRA</abbr> when figures are compiled. We therefore\nexpect statistics to be revised in future months, although transactions\nfigures generally settle after approximately 3 months.</p>\n\n<h4 id=\"figure-1-non-seasonally-adjusted-and-seasonally-adjusted-uk-residential-property-transactions-by-month-between-2023-and-2026\">Figure 1: Non-seasonally adjusted and seasonally adjusted <abbr title=\"United Kingdom\">UK</abbr> residential property transactions by month between 2023 and 2026.</h4>\n\n<figure class=\"image embedded\"><div class=\"img\"><img src=\"https://assets.publishing.service.gov.uk/media/6ab69045fceb6fb3a6501239/Figure__1_Residential_SA_vs_non-SA_monthly_line_graph.svg\" alt=\"\"></div></figure>\n\n<p>Figure 1 demonstrates the following trends for <abbr title=\"United Kingdom\">UK</abbr> residential\ntransactions:</p>\n\n<ul>\n  <li>\n    <p>provisional figures for seasonally adjusted transactions in August 2026 \nare 1% lower than July 2026</p>\n  </li>\n  <li>\n    <p>non-seasonally adjusted transactions decreased by 11% in August 2026\nrelative to July 2026</p>\n  </li>\n</ul>\n\n<h4 id=\"figure-2-non-seasonally-adjusted-and-seasonally-adjusted-uk-non-residential-property-transactions-by-month-between-2023-and-2026\">Figure 2: Non-seasonally adjusted and seasonally adjusted <abbr title=\"United Kingdom\">UK</abbr> non-residential property transactions by month between 2023 and 2026.</h4>\n\n<figure class=\"image embedded\"><div class=\"img\"><img src=\"https://assets.publishing.service.gov.uk/media/6ab6906afe72ed1e2b02f0c2/Figure__2_Non-residential_SA_vs_non-SA_monthly_line_graph.svg\" alt=\"\"></div></figure>\n\n<p>Figure 2 demonstrates the following trends for <abbr title=\"United Kingdom\">UK</abbr> non-residential\ntransactions:</p>\n\n<ul>\n  <li>\n    <p>seasonally adjusted transaction levels for August 2026 decreased by \n1% relative to July 2026</p>\n  </li>\n  <li>\n    <p>non-seasonally adjusted non-residential transactions for\nAugust 2026 are 17% lower relative to July 2026</p>\n  </li>\n</ul>\n\n<h2 id=\"uk-residential-transactions\">\n<abbr title=\"United Kingdom\">UK</abbr> residential transactions</h2>\n\n<p>Residential property refers to buildings used or suitable for use as a\ndwelling, or in the process of being constructed for use as a dwelling.\nIt also includes the gardens and grounds of dwellings. Go to <a href=\"https://www.gov.uk/hmrc-internal-manuals/stamp-duty-land-tax-manual/sdltm00210\"><abbr title=\"HM Revenue and Customs\">HMRC</abbr> Stamp\nDuty Land Tax\nManual</a>\nfor more definitions of residential and non-residential properties.</p>\n\n<p>The following section provides detailed analysis of <abbr title=\"United Kingdom\">UK</abbr> residential\ntransactions. To demonstrate any underlying trends within the data,\n<a rel=\"external\" href=\"https://www.census.gov/data/software/x13as.html\">seasonally adjusted</a>\ntransactions estimates are provided alongside non-seasonally adjusted\nestimates.</p>\n\n<h4 id=\"figure-3-comparisons-of-non-seasonally-adjusted-and-seasonally-adjusted-uk-residential-transactions-in-august-between-2017-and-2026\">Figure 3: Comparisons of non-seasonally adjusted and seasonally adjusted <abbr title=\"United Kingdom\">UK</abbr> residential transactions in August between 2017 and 2026.</h4>\n\n<table class=\"js-barchart-table mc-auto-outdent\">\n  <thead>\n    <tr>\n      <th scope=\"col\" class=\"cell-text-left\">Month and year</th>\n      <th scope=\"col\" class=\"cell-text-right\">Non-seasonally adjusted</th>\n      <th scope=\"col\" class=\"cell-text-right\">Seasonally adjusted</th>\n    </tr>\n  </thead>\n  <tbody>\n    <tr>\n      <td class=\"cell-text-left\">August 2017</td>\n      <td class=\"cell-text-right\">112,820</td>\n      <td class=\"cell-text-right\">102,310</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2018</td>\n      <td class=\"cell-text-right\">117,600</td>\n      <td class=\"cell-text-right\">100,520</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2019</td>\n      <td class=\"cell-text-right\">111,610</td>\n      <td class=\"cell-text-right\">97,690</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2020</td>\n      <td class=\"cell-text-right\">85,050</td>\n      <td class=\"cell-text-right\">82,060</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2021</td>\n      <td class=\"cell-text-right\">104,320</td>\n      <td class=\"cell-text-right\">97,370</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2022</td>\n      <td class=\"cell-text-right\">112,960</td>\n      <td class=\"cell-text-right\">103,150</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2023</td>\n      <td class=\"cell-text-right\">94,610</td>\n      <td class=\"cell-text-right\">87,450</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2024</td>\n      <td class=\"cell-text-right\">105,060</td>\n      <td class=\"cell-text-right\">93,680</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2025</td>\n      <td class=\"cell-text-right\">105,240</td>\n      <td class=\"cell-text-right\">97,040</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2026 [provisional estimates]</td>\n      <td class=\"cell-text-right\">96,250</td>\n      <td class=\"cell-text-right\">95,220</td>\n    </tr>\n  </tbody>\n</table>\n\n<h4 id=\"figure-4-financial-year-to-date-april-to-august-comparison-of-uk-residential-transactions-between-the-2017-to-2018-and-2026-to-2027-financial-years\">Figure 4: Financial year to date (April to August) comparison of <abbr title=\"United Kingdom\">UK</abbr> residential transactions between the 2017 to 2018 and 2026 to 2027 financial years.</h4>\n\n<table class=\"js-barchart-table mc-auto-outdent\">\n  <thead>\n    <tr>\n      <th scope=\"col\" class=\"cell-text-left\">Financial Year</th>\n      <th scope=\"col\" class=\"cell-text-right\">Non-seasonally adjusted</th>\n      <th scope=\"col\" class=\"cell-text-right\">Seasonally adjusted</th>\n    </tr>\n  </thead>\n  <tbody>\n    <tr>\n      <td class=\"cell-text-left\">2017 to 2018</td>\n      <td class=\"cell-text-right\">520,980</td>\n      <td class=\"cell-text-right\">514,740</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2018 to 2019</td>\n      <td class=\"cell-text-right\">512,910</td>\n      <td class=\"cell-text-right\">499,710</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2019 to 2020</td>\n      <td class=\"cell-text-right\">501,640</td>\n      <td class=\"cell-text-right\">490,940</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2020 to 2021</td>\n      <td class=\"cell-text-right\">316,650</td>\n      <td class=\"cell-text-right\">308,760</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2021 to 2022</td>\n      <td class=\"cell-text-right\">619,160</td>\n      <td class=\"cell-text-right\">615,770</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2022 to 2023</td>\n      <td class=\"cell-text-right\">526,120</td>\n      <td class=\"cell-text-right\">524,740</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2023 to 2024</td>\n      <td class=\"cell-text-right\">416,940</td>\n      <td class=\"cell-text-right\">419,420</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2024 to 2025</td>\n      <td class=\"cell-text-right\">464,050</td>\n      <td class=\"cell-text-right\">460,930</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2025 to 2026</td>\n      <td class=\"cell-text-right\">442,790</td>\n      <td class=\"cell-text-right\">438,800</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2026 to 2027 [provisional estimates]</td>\n      <td class=\"cell-text-right\">486,950</td>\n      <td class=\"cell-text-right\">488,540</td>\n    </tr>\n  </tbody>\n</table>\n\n<h4 id=\"figure-5-historic-non-seasonally-adjusted-and-seasonally-adjusted-uk-residential-property-transactions-by-month-between-2005-and-2026\">Figure 5: Historic non-seasonally adjusted and seasonally adjusted <abbr title=\"United Kingdom\">UK</abbr> residential property transactions by month between 2005 and 2026.</h4>\n\n<figure class=\"image embedded\"><div class=\"img\"><img src=\"https://assets.publishing.service.gov.uk/media/6ab69075fe72ed1e2b02f0c3/Figure__5_Historic_residential_SA_vs_non-SA_monthly_line_graph.svg\" alt=\"\"></div></figure>\n\n<p>Figure 5 demonstrates the following trends for <abbr title=\"United Kingdom\">UK</abbr> residential\ntransactions:</p>\n\n<ul>\n  <li>\n    <p>there was a large peak in transactions in March 2025 and a subsequent drop \nin April 2025 caused by transactions brought forward ahead of the <abbr title=\"Stamp Duty Land Tax\">SDLT</abbr> \nthreshold reductions from 1 April 2025 <br><br></p>\n  </li>\n  <li>\n    <p>there were large peaks in transactions during March, June, and\nSeptember 2021 caused by increased numbers of taxpayers taking\nadvantage of temporarily increased nil rate bands of\n<a href=\"https://www.gov.uk/stamp-duty-land-tax\"><abbr title=\"Stamp Duty Land Tax\">SDLT</abbr></a>,\n<a rel=\"external\" href=\"https://www.revenue.scot/land-buildings-transaction-tax/nil-rate-band\"><abbr title=\"Land and Buildings Transaction Tax\">LBTT</abbr></a>,\nand <a rel=\"external\" href=\"https://gov.wales/land-transaction-tax-update-summer-2021\"><abbr title=\"Land Transaction Tax\">LTT</abbr></a>\n<br><br></p>\n  </li>\n  <li>\n    <p>there was a substantial decrease in transactions during quarter 2 of 2020\ndue to COVID-19 pandemic <br><br></p>\n  </li>\n  <li>\n    <p>there was a large peak in March 2016 caused by increased amounts of\ntaxpayers completing before the introduction of <a href=\"https://www.gov.uk/guidance/stamp-duty-land-tax-buying-an-additional-residential-property\">higher rates for\nadditional residential\nproperties</a>\nfrom April 2016 <br><br></p>\n  </li>\n  <li>\n    <p>there was an unseasonal peak in December 2009 caused by the ending\nof a temporarily increased nil rate band for residential\ntransactions <br><br></p>\n  </li>\n  <li>\n    <p>the fall in transactions from late 2007 coincided with the financial\ncrisis, before which transactions had increased steadily before\npeaking in mid 2006</p>\n  </li>\n</ul>\n\n<h2 id=\"uk-non-residential-transactions\">\n<abbr title=\"United Kingdom\">UK</abbr> non-residential transactions</h2>\n\n<p>Non-residential property includes, but is not limited to:</p>\n\n<ul>\n  <li>commercial property</li>\n  <li>agricultural land</li>\n  <li>forests</li>\n  <li>any other land or property which is not residential</li>\n  <li>6 or more residential properties bought in a single transaction</li>\n  <li>mixed use transactions</li>\n</ul>\n\n<p>The following section provides detailed analysis of <abbr title=\"United Kingdom\">UK</abbr> non-residential\ntransactions. To demonstrate any underlying trends within the data,\n<a rel=\"external\" href=\"https://www.census.gov/data/software/x13as.html\">seasonally adjusted</a>\ntransactions estimates are provided alongside non-seasonally adjusted\nestimates.</p>\n\n<h4 id=\"figure-6-comparisons-of-non-seasonally-adjusted-and-seasonally-adjusted-uk-non-residential-transactions-in-august-between-2017-and-2026\">Figure 6: Comparisons of non-seasonally adjusted and seasonally adjusted <abbr title=\"United Kingdom\">UK</abbr> non-residential transactions in August between 2017 and 2026.</h4>\n\n<table class=\"js-barchart-table mc-auto-outdent\">\n  <thead>\n    <tr>\n      <th scope=\"col\" class=\"cell-text-left\">Month and year</th>\n      <th scope=\"col\" class=\"cell-text-right\">Non-seasonally adjusted</th>\n      <th scope=\"col\" class=\"cell-text-right\">Seasonally adjusted</th>\n    </tr>\n  </thead>\n  <tbody>\n    <tr>\n      <td class=\"cell-text-left\">August 2017</td>\n      <td class=\"cell-text-right\">10,280</td>\n      <td class=\"cell-text-right\">10,560</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2018</td>\n      <td class=\"cell-text-right\">10,620</td>\n      <td class=\"cell-text-right\">10,570</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2019</td>\n      <td class=\"cell-text-right\">9,530</td>\n      <td class=\"cell-text-right\">9,930</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2020</td>\n      <td class=\"cell-text-right\">7,220</td>\n      <td class=\"cell-text-right\">8,050</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2021</td>\n      <td class=\"cell-text-right\">9,430</td>\n      <td class=\"cell-text-right\">10,100</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2022</td>\n      <td class=\"cell-text-right\">10,030</td>\n      <td class=\"cell-text-right\">10,280</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2023</td>\n      <td class=\"cell-text-right\">9,780</td>\n      <td class=\"cell-text-right\">10,140</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2024</td>\n      <td class=\"cell-text-right\">9,660</td>\n      <td class=\"cell-text-right\">10,150</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2025</td>\n      <td class=\"cell-text-right\">9,520</td>\n      <td class=\"cell-text-right\">10,310</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">August 2026 [provisional estimates]</td>\n      <td class=\"cell-text-right\">9,080</td>\n      <td class=\"cell-text-right\">10,220</td>\n    </tr>\n  </tbody>\n</table>\n\n<h4 id=\"figure-7-financial-year-to-date-april-to-august-comparison-of-uk-non-residential-transactions-between-the-2017-to-2018-and-2026-to-2027-financial-years\">Figure 7: Financial year to date (April to August) comparison of <abbr title=\"United Kingdom\">UK</abbr> non-residential transactions between the 2017 to 2018 and 2026 to 2027 financial years.</h4>\n\n<table class=\"js-barchart-table mc-auto-outdent\">\n  <thead>\n    <tr>\n      <th scope=\"col\" class=\"cell-text-left\">Financial Year</th>\n      <th scope=\"col\" class=\"cell-text-right\">Non-seasonally adjusted</th>\n      <th scope=\"col\" class=\"cell-text-right\">Seasonally adjusted</th>\n    </tr>\n  </thead>\n  <tbody>\n    <tr>\n      <td class=\"cell-text-left\">2017 to 2018</td>\n      <td class=\"cell-text-right\">52,010</td>\n      <td class=\"cell-text-right\">53,310</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2018 to 2019</td>\n      <td class=\"cell-text-right\">51,770</td>\n      <td class=\"cell-text-right\">52,180</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2019 to 2020</td>\n      <td class=\"cell-text-right\">50,310</td>\n      <td class=\"cell-text-right\">50,760</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2020 to 2021</td>\n      <td class=\"cell-text-right\">33,630</td>\n      <td class=\"cell-text-right\">34,150</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2021 to 2022</td>\n      <td class=\"cell-text-right\">51,330</td>\n      <td class=\"cell-text-right\">52,160</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2022 to 2023</td>\n      <td class=\"cell-text-right\">51,890</td>\n      <td class=\"cell-text-right\">52,690</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2023 to 2024</td>\n      <td class=\"cell-text-right\">48,130</td>\n      <td class=\"cell-text-right\">49,270</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2024 to 2025</td>\n      <td class=\"cell-text-right\">50,690</td>\n      <td class=\"cell-text-right\">51,040</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2025 to 2026</td>\n      <td class=\"cell-text-right\">50,690</td>\n      <td class=\"cell-text-right\">51,610</td>\n    </tr>\n    <tr>\n      <td class=\"cell-text-left\">2026 to 2027 [provisional estimates]</td>\n      <td class=\"cell-text-right\">50,310</td>\n      <td class=\"cell-text-right\">51,190</td>\n    </tr>\n  </tbody>\n</table>\n\n<h4 id=\"figure-8-historic-non-seasonally-adjusted-and-seasonally-adjusted-uk-non-residential-property-transactions-by-month-between--2005-and-2026\">Figure 8: Historic non-seasonally adjusted and seasonally adjusted <abbr title=\"United Kingdom\">UK</abbr> non-residential property transactions by month between  2005 and 2026.</h4>\n\n<figure class=\"image embedded\"><div class=\"img\"><img src=\"https://assets.publishing.service.gov.uk/media/6ab69081997a4b2950ccef65/Figure__8_Historic_non-residential_SA_vs_non-SA_monthly_line_graph.svg\" alt=\"\"></div></figure>\n\n<p>Figure 8 demonstrates the following trends for <abbr title=\"United Kingdom\">UK</abbr> non-residential\ntransactions:</p>\n\n<ul>\n  <li>ahead of the Autumn Budget 2024, October 2024 saw the highest\ntransaction figures since the introduction of these <abbr title=\"Stamp Duty Land Tax\">SDLT</abbr> statistics\nin 2005 <br><br>\n</li>\n  <li>impacts from the COVID-19 pandemic resulted in the quarter 2 of\n2020 showing the lowest quarterly total for transactions since the\nintroduction of these <abbr title=\"Stamp Duty Land Tax\">SDLT</abbr> statistics in 2005 <br><br>\n</li>\n  <li>as with <abbr title=\"United Kingdom\">UK</abbr> residential transactions, the 2007 financial crisis\ntriggered a fall in <abbr title=\"United Kingdom\">UK</abbr> non-residential transactions</li>\n</ul>\n\n<h2 id=\"contacts\">Contacts</h2>\n\n<p>The ‘Monthly property transactions completed in the <abbr title=\"United Kingdom\">UK</abbr> with value with\nvalue of £40,000 or above’ statistical release is produced by the\nProperty Tax Statistics team as part of the <a href=\"https://www.gov.uk/government/collections/property-transactions-in-the-uk\">‘Property transactions in\nthe\n<abbr title=\"United Kingdom\">UK</abbr>’</a>\ncollection.</p>\n\n<p>Contact\n<a href=\"mailto:stamptaxes.statistics@hmrc.gov.uk\">stamptaxes.statistics@hmrc.gov.uk</a>\nfor statistical enquiries.</p>\n\n<p>Contact <a href=\"https://www.gov.uk/government/organisations/hm-revenue-customs/about/media-enquiries\"><abbr title=\"HM Revenue and Customs\">HMRC</abbr> press\noffice</a>\nfor media enquiries.</p>\n\n</div>","first_published_version":false,"headers":[{"id":"headline-statistics","level":2,"text":"Headline statistics"},{"id":"executive-summary","level":2,"text":"Executive Summary"},{"id":"about-this-release","level":2,"text":"About this release"},{"id":"the-latest-statistics","level":2,"text":"The latest statistics"},{"id":"uk-residential-transactions","level":2,"text":"UK residential transactions"},{"id":"uk-non-residential-transactions","level":2,"text":"UK non-residential 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