Market Update: Property trends and a review of the last 3 months

In this shortened edition of the Today's Conveyancer Podcast host David Opie is joined by Ben Robinson (Managing Director, Landmark Estate Agency Services) and Rob Gurney (Managing Director, Ochresoft) to discuss the latest Landmark Property Trends Report covering April, May and June 2022. The report considers data at 4 key stages in the transaction cycle; listings, properties sold subject to contract, search volumes, and completions; compiled using information from HM Land Registry and Landmark's own business. Since the Q1 report was released, economic uncertainty fuelled by inflation and significant rises in the Bank of England's interest rates has prevailed. If the statistics in April 2023 indicated there may be a turning of the tide, Q2 has brought us back down to earth with a bump, with a downward trend in completions. And while the front end of the transaction appears healthy, with listing volumes remaining broadly steady, there are anomalies around demand, and the flow of instructions through to completions.Stability is the key, as both Ben and Rob explain the numbers and their own views and analysis in this latest discussion. Listen in to hear their thoughts  in full. The next Property Trends Report will be published at the end of Q3 2023 when we'll revisit the topic for further discussion and analysis. The Today's Conveyancer podcast can be found on your preferred podcast provider and also at www.todaysconveyancer.co.uk. Subscribe and listen in for all the latest conveyancing industry news and views. Thank you to our podcast sponsors LEAP Legal Software and InfoTrack