Spike in remortgage activity as ONP completes over 5,000 deals in a single day – London Wallet

ONP solicitors processed more than 5,000 remortgage transactions yesterday, with 2,500 completed by 10am alone – the highest single-day total in the firm’s history.

The milestone achieved by the specialist conveyancing firm marks a clear sign that the remortgage market is gaining pace.

“This is more than a number – it’s a demonstration of what happens when operational planning, smart tech, and brilliant people align,” said Warren Martin, director of operations at ONP Solicitors. “Our teams have long prepared and supported significantly higher volumes, and this performance shows just how far we’ve come in scaling without compromising quality or wellbeing.”

Monday’s surge is part of a wider trend. With five-, three- and two-year mortgage now expiring across multiple lenders – and attractive new rates emerging – many homeowners are choosing to switch providers rather than settle for a product transfer. ONP is also expecting an even larger remortgage spike in October, with lenders forecasting another wave of expiries.

ONP says it is able to process more deals after investing heavily in automation, workflow tools, and its proprietary app to make remortgaging faster, simpler, and more transparent. Real-time updates, automated prompts, and digital document handling keep clients informed and case managers efficient, even on record-breaking days.