It’s positive news in conveyancing currently,  we are seeing a really busy,  upbeat property market and enjoying a really busy start to 2024…

January witnessed a upswing in market activity, with the average number of new prospective buyers soaring by 120% from December’s 2023 figures.

Theres been a 79% increase in properties going on to the market since December 2023. This level of activity mirrors the patterns observed in the preceding two years, suggesting a return to a form of great health and normality within the market.

Sales are also on the rise, with the average number of sales aligning closely with the performances seen at the start of 2022 and 2023, indicating a stable pace in transactions.

The recent market movement has shown a decrease in properties selling below the asking price, coupled with an rise in those achieving their listed value or higher. This shift could signify a changing tide in valuation alignments and market expectations.

Rising tenancy rents are also seeing First Time Buyers make the leap into property ownership they see this as an opportunity.

What’s more, January saw an increase in the time to exchange of contracts for other volume firms,  busy Conveyancers have higher caseloads and take longer to move matters forward.

Moreover, the imbalance between supply and demand continues to be a prominent feature of the market.

At such a busy time you will need a Conveyancer who looks after you from start to finish and has time to progress your matter. Our average time to complete is around 9-10 weeks which is substantially lower than the market average and with our reduced caseload we will never be too busy to talk to you!

You can look at our fixed price menu for our current pricing structure or pop us a call on 01302 431433 – we usually answer first time!

Reach out and…….