Conveybuddy has reported a sharp rise in conveyancing instructions as brokers moved quickly to secure mortgage deals before product withdrawals took effect.

The conveyancing distributor recorded a 26% week-on-week increase in total instructions following last week’s widespread withdrawal of mortgage products, highlighting a clear shift in broker behaviour as lenders repriced and removed deals.

The increase was led by remortgage activity, where instructions rose by 32% week-on-week. Purchase cases also increased, with transactional instructions up 21% over the same period.

According to conveybuddy, the surge was not driven by new demand entering the market but by existing cases being accelerated. Brokers moved quickly to submit applications ahead of product withdrawals or rate increases, creating a short-term spike in activity.

This behaviour translated rapidly into conveyancing instructions, as advisers sought to secure legal representation at the same time as submitting mortgage applications, rather than leaving this until later in the process.

At lender level, the data showed particularly strong activity linked to certain banks. Cases associated with Santander rose by 156% week-on-week, while Barclays recorded a 61% increase and Accord 56%.

The figures point to how quickly lender decisions can influence activity across the wider transaction chain, with conveyancing demand closely tracking mortgage application volumes.

Conveybuddy said it expects activity to stabilise in the coming weeks as pipelines normalise, although further lender movements could continue to affect instruction levels in the short term.

Harpal Singh, chief executive at conveybuddy, said: “We saw a clear and immediate reaction from brokers last week as lenders began withdrawing products and repricing.

“Advisers quite rightly focused on getting mortgage applications submitted in a very short period of time, but what was equally noticeable was the immediate follow-through into conveyancing instructions.”

“What this shows is that when brokers move, the rest of the process moves with them.

“Conveyancing isn’t an afterthought in these moments, it becomes part of the same urgency to protect the client’s position.”

“This wasn’t organic growth in the market – it was a reaction to a closing window.

“Brokers were effectively accelerating decisions, particularly on remortgage cases where they had more control over timing.”

“That kind of ‘now or never’ moment creates immediate pressure not just on advisers, but across the entire transaction chain, including conveyancers.

“Short-term market shocks like this appear to be an increasingly ‘normal’ part of our marketplace.”

“The key is how well the wider process stands up to it.

“Brokers need confidence that once they’ve secured a rate for their client, the legal side can keep pace.”

“By using our platform, they’re able to ensure that certainty for their clients.

“As a platform, we see these shifts in real time.

“It gives us a clear view of how broker behaviour translates into instruction volumes, and last week was one of the clearest examples of that link.”