The volume of conveyancing transactions has dropped by 14 per cent over the last quarter, according to data published today.
Overall conveyancing volumes fell from 245,738 in Q1 to 210,964 in Q2 this year, while the average monthly caseload per firm was down 13 per cent from 59 to 51 in the three months to June 2017.
It is the lowest recorded average per firm since Q2 2014, when it last dipped to 51 transactions.
Middle market firms – those handling between 100 and 200 transactions per month – have been hit hard by the stagnation in the market with th...
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