New conveyancing data reveals a strongly rebounding property market

Tech-driven conveyancing firm, O’Neill Patient LLP, has recorded a significant increase in enquiries, instructions and completions in June, compared to the same month last year, providing evidence of a strongly rebounding market.

Related topics:  Business
Property Reporter
8th July 2020
conveyancing 290

According to the firm's figures, completions were up by 23.7%, with the biggest rise coming in the remortgage market, where ONP’s figures were up by 33.5% compared to June 2019.

New instructions also showed a significant rise: up by 28.8% for remortgages and 30.1% for conveyancing. The increase in demand was also evident from a spike in new enquiries, which were up by an astounding 160% on the same time last year.

Adam Forshaw, managing director of ONP says, “Against the backdrop of the coronavirus outbreak, this strong performance is evidence of the resilience and versatility of our staff who continue to provide high levels of customer service from home.

“It is also a testament to the resilience of ONP’s technology-driven approach in the face of the difficulties posed for the property market by Covid-19.

“Demand is coming back to the market strongly after the hiatus caused by Covid-19. ONP’s technology-led model gives clients and customers a high-quality experience and service and puts us in a prime position to benefit from the recovery.

“We have well-advanced plans to enhance that tech offering further in the weeks and months to come, making the conveyancing journey even smoother and simpler for our clients.”

More like this
Latest from Financial Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.