According to Nick Dyoss of tmgroup work volumes of residential conveyancing for 2016 are likely to be similar to that seen in 2015.
When trying to predict the coming year, it is often best to look at the past and presume it will be the same. Not a particularly eye-catching start to this article but there is little to suggest that a major shift either up or down can be realistically expected in housing volumes. The economic ingredients that make up the housing market soup are the same as the last 12 months. There persists an undimmed and undoubted desire for people to own their own homes and buyers are still benefitting from a benign interest rate level which looks set to last for most of this year. MMR has remained in place unchanged and despite the government’s high-profile announcement about housebuilding and freeing up the planning process, these measures are going to take a generation to have a material effect.