We are not 'calling' the bottom of the property market BUT...

Posted in Blog on 15 Jun 2012

It was reported widely in the press last month that house prices saw annual growth for the first time since April 2011! The LSL Property Services and Academetrics House Price Index revealed that the average house price now is £223,207. There is still some disparity though between the regions with Yorkshire and Humberside still displaying a decrease in prices. The news though generally was greeted with much relief as it is now widely hoped that the housing market is finally starting to stabilise.

From a Legal Recruitment point of view we have recently seen an increase in Conveyancing placements and the number of property related instructions is moving upwards. Our North West, Midlands and Yorkshire desks have all placed Residential Conveyancers in the last month spanning sale purchase, plot sales and re-mortgage.

It is fair to say there is a shortage of technically strong, target driven Conveyancers on the market; the recent property crash saw a lot of Fee Earners move out of law entirely or retrain into other areas. Those who remained in Conveyancing have tended to put moves on hold where job security>more money and/or career progression. That may be about to change and if you want to get ahead of the curve either in terms of securing talent or moving your career forward then please get in touch. Check out the  website for opportunities and the contact details for our regional desks.

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