What do transaction volumes look like in the second half of 2023?

The latest Today's Conveyancer podcast considers the outlook for transactoin volumes and in turn conveyancers for the remainder of 2023 and into 2024. To find out host David Opie turns to Nick Chadbourne CEO at panel management business LMS. Recorded in June, Nick shares insight available through LMS which has extensive coverage of the market by virtue of its relationships with brokers, estate agents and conveyancers.He discusses the conditions at the end of 2022, and the impact of "Trussonomics" which we have seen play out in the reduced transaction volumes in April and May 2023. Nick also points to the current pipeline which provides a useful indicator of transaction volumes for the remainder of 2023, given it is currently taking c. 4 months to move home. In addition to his market insight, Nick shares the journey that LMS are on, and one that he acknowledges has at times been painful. He discusses some of the innovation currently happening in the business and explains how that will impact on conveyancers. A useful update on the health of the market, this latest podcast provides  some sobering thoughts for conveyancers as they plan ahead for the remainder of 2023 and into 2024. 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