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RESIDENTIAL MARKET RESEARCH REPORT

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2024: The year conveyancers took matters into their own hands

 

Our 2024 residential conveyancing survey tells a ‘tale of two halves’. One is about hope for 
economic stability as we enter autumn with listings and sales volumes rising, and interest rates 
falling. The other is about how conveyancers are still struggling with slow transaction times, 
insufficient resources, and general lack of transparency.

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We interviewed 100 residential property solicitors and conveyancers
across England, Scotland and Wales. What did they say?

It is no surprise that when asked what would increase productivity, 55% of the conveyancers we spoke to want to see faster transactions.
Our research tells us that respondents are now taking matters into their own hands, with 34% of conveyancers digitising more processes.
50% of our survey respondents referred to the economic climate, interest rates, and the cost of living, as the things most likely to have the biggest impact on how they operate in the next year.
     
 
 
     
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Registered Office: 5-7 Abbey Court, Eagle Way, Exeter, EX2 7HY. Registered Number 03645549 Registered in England and Wales.