UK Residential Conveyancing Market Report 2025

The ninth edition of this report published in January 2025 (29 page PDF report).

Report Contents:

EXECUTIVE SUMMARY . 4

Market size……4

Market structure. 4

Market shares. 4

Market trends and forecasts. 5

Introduction . 5

Two property transfer systems. 5

MARKET STRUCTURE . 6

Law firm and solicitor numbers active in conveyancing are decreasing. 6

MARKET DEVELOPMENTS AND DRIVERS . 7

Residential transactions increase in 2024 after a decline in 2023. 7

England takes a dominant share of UK residential transactions. 8

Quarterly mortgage lending values increase in 2024. 9

Bank rate stabilising. 10

Criticisms of latest TA6 property information form followed by consultation. 11

The Leasehold and Freehold Reform Act enacted in 2024. 12

Stamp Duty Land Tax Changes in April 2025. 14

Latest Conveyancing Technical Protocol from the Conveyancing Association. 14

Discounts in Right to Buy Scheme reduced and consultation launched. 14

Frustrations from conveyancers with slow transactions. 15

THE KEY PLAYERS . 16

Leading players slowly increasing market share. 16

Selected acquisitions and mergers. 16

Leading players – England and Wales. 17

Profiles of selected players. 20

Simplify Moving Ltd/My Home Move Ltd. 20

Taylor Rose Ltd. 20

Davisons Solicitors Ltd. 21

Setfords Law Ltd. 21

O’Neill Patient Solicitors LLP. 22

Gorvins Residential LLP. 22

Property Legal Services (PLS). 22

Talbots Law.. 23

Watson Ramsbottom Ltd. 23

Conveyancing Direct Ltd. 23

MARKET SIZE, TRENDS & FORECASTS . 24

The current market and beyond. 24

Increase in both transactions and market value in 2024. 24

Housing market expecting year-on-year growth again. 25