June completions up one-third YOY for conveyancer

Published on

Conveyancing firm, O’Neill Patient LLP (ONP), has seen a notable rise in enquiries, instructions and completions in June, compared to the same month last year.

It believes the figures provide evidence of a market rebounding strongly from the damage caused by Covid-19.

Completions were up by nearly a quarter (23.7%), with the biggest rise coming in the remortgage market, where ONP’s figures were up by more than a third (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, said: “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 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 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.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Seven out of 10 homebuyers likely to miss stamp duty deadline

Seven out of 10 (71%) homebuyers with accepted offers expect to miss the 31st...

First-time buyer mortgage sales declined in London over the past decade

First-time buyer mortgage sales in London declined significantly between 2013 and 2023, as increasing...

UTB appoints BDM for the north and Scotland

Fran Arnold has joined the sales team at United Trust Bank Mortgages as business...

International demand for UK property investment ‘more diverse than expected’

The UK property market is attracting investment from a much broader range of international...

Other news

Seven out of 10 homebuyers likely to miss stamp duty deadline

Seven out of 10 (71%) homebuyers with accepted offers expect to miss the 31st...

First-time buyer mortgage sales declined in London over the past decade

First-time buyer mortgage sales in London declined significantly between 2013 and 2023, as increasing...

UTB appoints BDM for the north and Scotland

Fran Arnold has joined the sales team at United Trust Bank Mortgages as business...