Following the latest data on the property market, which shows a rebound in conveyancing volumes, Andrew Lloyd, Managing Director at Search Acumen, the property data insight and technology provider said:
“The latest Property Market Insights report points to a “U” in the market as conveyancing volumes rebound at the end of June to levels last seen in early March before the full force of the UK lockdown hit. While this is positive step, the road to recovery for many sectors in the UK remains unclear. Coupled with the threat of a spike in cases following the relaxation of restrictions at the beginning of July, we may see dampened demand in medium to long term.
“Now is not the time for complacency and to ensure that the industry builds back better, harnessing the surge in digitisation that has been prompted by Covid-19 is crucial. Only once we capture the available data and better integrate technology, will we be able to better serve customers and forge an efficient, productive and future-proofed property market.”
This article was submitted to be published by Search Acumen as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.
