Sheila Kumar, CLC Chief Executive, considers the future of conveyancing in 2023
Conveyancers have had a turbulent time of late – from one extreme to the other.
Still recovering from the unprecedented levels of activity seen during the pandemic due to the Stamp Duty Land Tax (SDLT) holiday, conveyancers had their busiest year to date during 2021/22.
As analysis of HM Land Registry data by Search Acumen shows, such was the demand that around 600 law firms moved back into the market and the average practice saw a 60 per cent rise in transactions.
Unfortunately, they must now steel themselves for what may be quite a different position.
Recently, we took the unusual but necessary step of issuing a statement urging all practices to prepare themselves, as fears for the UK economy continue to g...
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