Can the housing market keep pace?

In a feat not achieved since March 2007, 2021 saw the virtually unheard of become reality when average property prices rose in every region of the UK. Growth averaged 1.8 per cent and has seen values rise on everything from modern flats and traditional terraces to detached homes and new builds.

The market is experiencing something of a post-Covid boom, with buyers keen to grab their dream home and sellers ready to take their next step on the property ladder. With such a flourishing market, many conveyancers are keen to streamline their processes.

As OCALS MD Jeremy O’Connor explains: “The property market is currently experiencing a boom not seen in over a decade, with buyers and sellers both motivated to secure sales quickly and realise their next property dream.

“Paperwork can prove a real sticking point when it comes to completing sales, holding up transfers and causing misery and frustration to all involved. The key lies in creating a system that can tie together multiple searches into one, and that’s what OCALS provides. Our innovative, streamlined approach can shave as much as three weeks off the average house-selling process, creating a more efficient service to everyone’s benefit.”

Whether activity keeps at such a brisk pace, with autumn headlines dominated by talk of energy, environment and inflation, remains to be seen. However, streamlining the current process offers the best opportunity to capitalise on a market eager to keep up the pace and ensure sales remain high well into 2022.

By offering more than 80 different search options under one roof, and with the option of digitising the entire process, OCALS offers efficiency to conveyancers and mortgage brokers. OCALS memberships include IPSA, CoPSO, the Search Code and PCCB. OCALS – which stems from O’Connor Associates Legal Services – is staffed by a team of local people, all experts in their field, with second-to-none knowledge of the area and offering helpful and friendly support.

Find out more at ocals.co.uk or give Jeremy a call on 07917 610893