Conveybuddy says its latest quarterly figures point to a resilient purchase market, while remortgage activity has normalised following the surge seen earlier this year.

Data released by the conveyancing distributor for the second quarter of 2026 shows purchase and sale transactions accounted for 63% of all instructions, up from 57% in the first quarter.

Remortgage instructions fell back to 37% of overall cases, compared with 43% in Q1, reflecting a return to more typical levels after heightened activity in March as advisers sought to secure deals ahead of lender product withdrawals and pricing changes.

The figures reinforce analysis published by conveybuddy last month, which argued that the transaction market had remained more resilient than some industry commentary suggested.

The business also reported continued growth in adviser adoption of its platform during the quarter, with adviser usage increasing by just over 11% compared with Q1.

Conveybuddy said demand remained strongest for its all-inclusive remortgage proposition rather than lenders’ free or fee-assisted legal services, particularly on lower-value cases. Most instructions continued to be for properties valued below £349, which the firm said reflected advisers’ continued preference for transparent pricing and cost certainty.

Among lenders using the all-inclusive remortgage product, Barclays retained the top position. Nationwide moved up one place to second, while NatWest and Santander completed the top four.

Launched in 2024, conveybuddy provides a technology-enabled panel management service covering sale, purchase, remortgage and survey cases.

Harpal Singh, chief executive at conveybuddy, said: “When we published a market update in early June, we suggested some of the commentary around a slowing purchase/sale transaction market was missing the bigger picture.

“Much of what we felt was going on was more about remortgage activity returning to normal levels following the exceptional surge we experienced in March, rather than a collapse in transactions. These full Q2 figures appear to support that assessment.

“What is particularly encouraging is that transaction activity has improved throughout the quarter and has grown as a proportion of our overall instructions. People are still buying and selling property, advisers are continuing to support those clients and transactions are progressing through the system.

“Our continued growth in the number of advisers using conveybuddy also tells its own story. Advisers are looking for more than simply a conveyancing quote. They want transparency around fees, confidence in the firms they recommend, better communication throughout the transaction and technology that provides real-time visibility of case progress.

“As the market settles into a new rhythm, those factors become increasingly important in helping advisers deliver the conveyancing service their clients expect, and ensuring they retain their central place within the whole process.”