Residential Property Solicitors Announce Almost One Million Transactions from January to August 2022

Posted January 5, 2023 by Grantsawsolicitor

Close to 1 million property transactions from January to August 2022 – Residential Property Solicitors announce.
2021 saw property transactions close to 1.5 million across the United Kingdom and this continued in 2022 with just shy of one million residential transactions taking place from January to August 2022, compared to the seven hundred thousand that took place during the same period the year before.

It is expected that housing transactions will rise by five percent in 2023 with a market value increase of just shy of four percent. With higher interest rates and market uncertainties, along with cost-of-living concerns, the market is expected to be hampered in the new year with property transactions expected to slow down.

Grant Saw Solicitors remain one of the leading residential property solicitors in London and its surrounds with a good market share and handling a high volume of property transactions each year. The firm continued to grow at a fast pace working with a high volume of new home buyers in London.

The property market remains volatile and predictions from top real estate companies are expecting a drop in housing prices by more than ten percent in the coming years. At the same time, banks are offering more mortgage products to the table. The stamp duty cut is also increasing demand for residential property purchases in the fourth quarter of 2022.

“While the uncertainty of the market is still rife, the demand for conveyancing instructions is still strong,” said Ray Crudgington, Managing Partner at Grant Saw Solicitors in London. “We are experiencing a rise in transactions of up to five percent, even though there are still so many uncertainties surrounding the residential property market right now.”

The rise in purchases and market trends are expected to continue well into the new year thanks to the stamp duty cuts, which have reduced the burden on home buyers. The residential conveyancing sector has remained buoyant despite the cost-of-living concerns, rises in inflation and fall in incomes.

Grant Saw Solicitors remain the leader for residential property solicitors throughout London, catering to new and experienced home buyers who are looking for a reputable, reliable, and efficient transfer process.

About Us:

Grant Saw Solicitors LLP is a London-based legal practice that caters to private and business clients. The firm has been operating since 1851 offering legal excellence and a modern and friendly approach. They are recognised for their excellence with numerous accreditations. Being members of LawNet, they share ideas and resources. Grant Saw Solicitors LLP are based in Blackheath and Greenwich, both offering disabled access. Their extensive range of legal services ranges from tenant and landlord disputes to residential property transfer, commercial property, insolvency, employment, and dispute resolution. Full details can be found at
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Issued By Grant Saw Solicitors LLP
Phone 02083053550
Business Address Wood Wharf Building, Horseferry Place, London, United Kingdom, SE10 9BB
Country United Kingdom
Categories Law , Legal , Services
Tags mergers and acquisitions solicitor , breach of contract solicitors , pre nuptial agreement solicitors
Last Updated January 5, 2023