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05 February 2016
My Home Move maintains its position as UK’s leading provider of mover conveyancing services
Figures released by HMLR last month have confirmed that My Home Move has maintained its position as the UK’s leading provider of mover conveyancing services.*
Having completed nearly 50,000 mover transactions in 2015, My Home Move increased its transactional volumes by 17% (year-on-year), to retain its market leading position – more than double the number of transactions of its nearest competitor, Countrywide Property Lawyers.
Commenting on these figures, Doug Crawford, CEO of My Home Move said:
“2015 was a year of two halves for the industry. As people waited for news of the General Election, the housing market began to slow dramatically. It wasn’t until late spring that we saw the number of instructions begin to increase and completion figures rise. During the last six months of the year, we completed nearly as many cases as we did in the whole of 2012 - with October enabling us to set an industry record, as we completed over 5,000 mover transactions in one month alone.
“The next twelve months are expected to be equally challenging for the market; as the lack of housing stock, imminent stamp duty changes for additional home-buyers and the implementation of the Mortgage Credit Directive, are all likely to have an effect. However, we are confident that our continued investment into our people, innovative technology and our new eWay service, which provides our clients with a cutting edge, mobile-friendly conveyancing service, will ensure we remain the market leader for many years to come.”
HMLR’s announcement coincided with the launch of the next generation of My Home Move’s eWay service – view the new eWay video below.
*Market Share in 2015, 2.2% (2014, 2.2%) HMLR data