PCL sales volumes down by over a quarter on last year (but don’t panic, it’s ‘just a correction’)

A significant reduction in transactions is to be expected in an election year, but there have only been nineteen house sales across the whole of Belgravia, Chelsea, Knightsbridge and Kensington in 2015…

The total number of conveyancing firms active in the UK market last year (5,871) was down 24% on the 7,733 seen in 2007, which means that a whopping 1,862 firms have either exited the market or merged …

In the first quarter of 2015, there were 35% fewer transactions across PCL than there were, on average, in the last five years, notes buying agency Turnbull Property.