Conveyancers have good reason to be cautiously optimistic about the future, as Perran Moon explains
Earlier this summer, we unveiled findings from our second Conveyancer Sentiment Survey run in conjunction with The Law Society Gazette (see the infographic for a breakdown of facts and figures).
As the leading conveyancing search provider in England and Wales, it’s our aim to make lawyers’ lives easier. Understanding the challenges that conveyancer’s face is an essential part of that strategy.
The Conveyancer Sentiment Survey suggests that confidence has returned to the marketplace with more than half (59%) of conveyancers expecting their business to continue to grow by 10% or more over the year. Within this figure, a quarter of conveyancers (25%) are anticipating growth to exceed 20%. This is despite recent warnings from Nationwide that the housing market—particularly in London—faces a “natural correction”, and the Bank of England citing the property market as representing the biggest risk to macro-economic financial stability and long-term recovery. The challenge for conveyancers will therefore be to maintain competitive edge and ensure growth is sustainable, particularly as other dynamics such as the Mortgage
