conveybuddy Q2 figures reinforce resilient sale/purchase transaction market coupled with remortgage normalisation

16 July 2026

Conveyancing distributor, conveybuddy, has today (16th July 2026) released its Q2 2026 statistics, which suggest the purchase/sale transaction market has grown in strength while remortgage activity has returned to more normal levels following the spike seen in March.

The latest quarterly figures show purchase/sale transactions increased as a proportion of overall instructions during Q2, accounting for 63% of all cases compared to 57% in Q1.

At the same time, remortgage instructions returned to more typical levels - 37% - after the surge in activity seen in Q1 this year (accounting for 43%), when advisers were acting quickly in March particularly to secure deals ahead of lender product withdrawals and pricing changes.

The figures support conveybuddy's market analysis published last month, which challenged suggestions that the transaction market was experiencing a significant slowdown.

Alongside this shift in case mix, conveybuddy continued to record quarterly growth in adviser usage of its platform during the three-month period - up just over 11% on Q1.

The data also continues to show preference for conveybuddy’s all-inclusive remortgage product over lenders’ ‘free/fee-assisted legals’, particularly at lower price points. The vast majority of cases continue to be concentrated below £349, which conveybuddy said showed the adviser focus on cost certainty and transparent pricing continued to be evident.

At lender level, while the four most used lenders for the all-inclusive remortgage product were the same, there was a shift in the table ‘standings’. Barclays remained at the top, now followed by Nationwide (up one place), with NatWest and Santander making up the top four.

Launched in 2024, conveybuddy provides a technology-enabled panel management service supported by over 80 years' combined conveyancing distribution expertise. It offers advisers a transparent and streamlined solution across sale, purchase, remortgage, including its all-inclusive remortgage proposition, and survey cases.

Harpal Singh, CEO at conveybuddy, said:

“When we published a market update in early June, we suggested some of the commentary around a slowing purchase/sale transaction market was missing the bigger picture. Much of what we felt was going on was more about remortgage activity returning to normal levels following the exceptional surge we experienced in March, rather than a collapse in transactions. These full Q2 figures appear to support that assessment.

“What is particularly encouraging is that transaction activity has improved throughout the quarter and has grown as a proportion of our overall instructions. People are still buying and selling property, advisers are continuing to support those clients and transactions are progressing through the system.

“Our continued growth in the number of advisers using conveybuddy also tells its own story. Advisers are looking for more than simply a conveyancing quote. They want transparency around fees, confidence in the firms they recommend, better communication throughout the transaction and technology that provides real-time visibility of case progress.

“As the market settles into a new rhythm, those factors become increasingly important in helping advisers deliver the conveyancing service their clients expect, and ensuring they retain their central place within the whole process.”

For more information on conveybuddy, visit www.conveybuddy.com