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Conveyancer optimism rises

Posted on Thursday, June 25, 2015

Updated on Thursday, June 25, 2015

Conveyancers are growing more optimistic in the state of the housing market, SearchFlow’s Conveyancer Sentiment Survey has found.

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.