My Home Move ups transactions by 17%

My Home Move upped its transaction levels by 17% in the year to 2015.

My Home Move upped its transaction levels by 17% in the year to 2015.

It completed nearly 50,000 mover transactions in 2015, meaning it has maintained its position as the UKs biggest provider of mover conveyancing services.

Doug Crawford, chief executive 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."

He added: “The next 12 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.”