Conveyancer optimism rises
Two thirds (66%) of solicitors saw their conveyancing volumes increase this year compared to just over half (52%) in 2015.
John Pickford, managing director at SearchFlow, said: “We’re seeing a number of reports in the media which suggest a slowing in the market, however solicitors are painting a different picture. They’re telling us that work is up and optimism is high.
“Early last year activity in the market was booming and while we saw that start to level out late 2014, market confidence has shifted again.”
Just under half (44%) of conveyancers think the state of the housing market will improve to the end of 2015.
Conveyancers are pleased with the Stamp Duty reforms, as 55% said they have had a positive impact and just 9% said negative.
Pickford added: “With the market on the up, solicitors need to ensure that they maintain excellence in customer service while managing increasing workloads.
“With 63% of solicitors seeing the biggest volume of growth through direct business, it’s imperative that they set themselves apart from the competition by offering a service which can be relied on.
“This is one of the most effective ways of winning and retaining business, and taking advantage of the improving market.”