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.”

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

Regions share £10bn allocation for 70,000 affordable homes

More than 70,000 social and affordable homes are to be built across six English...

Amanda Bryden appointed to lead Accord Mortgages

Yorkshire Building Society has appointed Amanda Bryden as director of distribution and incoming managing...

TMG backs Rotherham United Women in shirt sponsorship deal

TMG Financial Services has agreed a partnership with Rotherham United Women FC to become...

ModaMortgages adds fixed-fee options to limited-edition range

ModaMortgages has expanded its limited-edition buy-to-let range with new fixed and percentage-based product fee...

Rely cuts rates for landlords with large property portfolios

Rely has launched a limited-edition range of buy-to-let mortgages for landlords who own 11...

Latest publication

Other news

Why the FCA’s Protection Report is a wake-up call and a massive opportunity for advisers

According to Mortgage Advice Bureau, approximately 90% of all mortgages are secured through an...

Regions share £10bn allocation for 70,000 affordable homes

More than 70,000 social and affordable homes are to be built across six English...

Amanda Bryden appointed to lead Accord Mortgages

Yorkshire Building Society has appointed Amanda Bryden as director of distribution and incoming managing...