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Research and Markets: United Kingdom Conveyancing Market Report 2020: Consolidation, COVID-19, Concerns for Conveyancers in 2020-2021 - ResearchAndMarkets.com
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This report focuses on the latest annual trends, i.e. market value and volume in 2019, but then adds some data and analysis for Q2, 2020.
Like most other legal services sector, COVID-19 has cast a long shadow over the residential conveyancing sector.
In 2019, the number of residential property transactions decreased by 1.2% on the previous year but there were signs of some recovery towards the end of the year. The recovery was continuing in the early part of 2020 but by March 2020 numbers were falling. In the first quarter of 2020, transactions decreased by 1% on the same period in 2019 but, in April/May 2020, transactions dropped by 55% on the same period in 2019. ....

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