LEADING BRANDS BEGIN TO TAKE A NOTICEABLE MARKET SHARE, AND FOR THE FIRST TIME FIXED FEES ACCOUNT FOR THE MAJORITY OF PROBATE FEES At first glance the latest consumer research findings from IRN Research suggest that nothing much seems to have changed in the wills and probate markets over the last year: both markets are still skewed towards older consumers, law firms and solicitors still...
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55% of home buyers hit snags in the home buying process 55% of consumers who purchased a home within the past five years, hit at least one problem or bottleneck in the home buying process. The most common problems encountered (by 39%) were chain-related problems, followed by seller-related problems (17%)– e.g. seller withdrew from market, asked for more money, accepted a gazumping offer – and...
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Ferry Forecasts IRN have formally launched its new forecast reports for passenger and freight traffic on UK ferries. The passenger report (Ferrystat Seasonal and Forecast Report) and the freight report (Freighstat Seasonal and Forecast Report) are published on a quarterly basis: January (data to December), May (data to April), July (data to June) and October (data to September). Both reports feature seasonally adjusted data, data...
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Ferry Passenger and Freight Traffic to fall by 3% over the coming year IRN Research’s new Ferrystat Seasonal and Forecast Data report and the new Freightstat Seasonal and Forecast Data report both predict a 3% fall in ferry volumes over the coming 12 months (December 2019-November 2020). The trends across the main ferry routes will vary, with passenger volumes across the UK-Continental sea routes expected...
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IMPROVED MARKET GROWTH EXPECTED TO 2024 AND MOST PRACTITIONERS MORE OPTIMISTIC NOW THAN AT ANY TIME IN THE LAST THREE YEARS The UK Wills, Probate & Trusts Market Report 2019 is the sixth edition of an annual research report from IRN Research. Here are some selected findings: Market value growth in the wills, trusts and probate market was 5% in 2018 compared to 2017,...
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Based on research by IRN Research, The Bar Standards Board (BSB) has just published a report on the impact of its revised approach to regulating barristers’ Continuing Professional Development (CPD). It finds that most barristers welcome the revised scheme’s greater flexibility but lack understanding about the role of reflection in maintaining professional standards. Other findings: a majority of barristers found that CPD activities are effective...
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INCREASED AWARENESS FOR LEADING PI BRANDS, BUT 4 OUT OF 10 CLAIMANTS WOULD BE WILLING TO SUBMIT THEIR CLAIM THEMSELVES TO AN ONLINE PORTAL The latest consumer research findings from IRN Research suggest that awareness of the leading personal injury (PI) brands has increased over the year as these brands aim to increase their presence in the market. A majority are aware of three brands...
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The latest consumer research findings from IRN Research show that law firms and solicitors continue to be the preferred choice for conveyancing advice and experience and relevant qualifications are what a client looks for most in an advisor. Price is also important but is not the main choice criteria. A majority – 55% – do shop around when looking for a conveyancer. The Residential Conveyancing...
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Most Existing Mortgage Holders Planning Future Action Research from IRN’s Existing Mortgage Holders Report 2019 indicates that most existing mortgage holders (EMHs) are very likely to engage in some mortgage-related actions in the next three years. The most common action to be taken in the next three years is debt adjustment or restructuring, encompassing remortgaging and paying off all or part of the mortgage debt....
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First-time buyer mortgage market shares could change Research from IRN’s First Time Buyer Mortgage Report 2019 indicates a large potential boost to Barclay’s first-time buyers (FTBs) market share. A much higher percentage of FTBs yet to make their first purchase favour Barclays compared with FTBs who made their first home purchase up to five years ago. At the same time, other providers like Halifax and...
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