House Building On The Rise – So Why Are We Still In Crisis?

House Building On The Rise – So Why Are We Still In Crisis?

Search Acumen comments on ONS Housebuilding Statistics September Quarter 2018

Andy Sommerville, Director at Search Acumen, comments: “We’ve found ourselves in a situation where we’re on track to have built nearly 160,000 new homes in England in 2018, but supply and demand constraints mean we’re in the midst of a housing crisis.  The price for an average property is now nearly eight times the value of an average salary – simply, we need to be building smarter.

“So what are we doing wrong? If we are to fix this housing crisis, both public and private organisations need to use all the technology and data available to intelligently improve the planning process. We need to find out not only where we can build, but what kind of dwelling we need to build to satisfy demand – the data is there to paint a fuller picture, we just need to harness it.

“Just last quarter, the Government announced new measures to build 300,000 homes a year by the mid-2020s. To deliver on this, the current planning system will have to be become much more efficient, and developers will have to take a more nuanced approach in where and what they decide to build.”

Search Acumen

http://www.search-acumen.co.uk/

 

 

 

 

 

 

Next Generation Data

Whether your property transaction is big or small, commercial or residential; you can rely on us for accurate property data.

We collaborate with forward-thinking law firms who have an appetite to use authentic data in consultation with their clients. Our relentless focus on the next generation of property law, means all our customers already benefit from our easy access instant data, saving them critical time and resource.

What we do

We provide more than 40 layers of essential property data, digitally and on-demand through our intuitive ForeSite Platform. Our advanced system allows our customers to analyse real estate sites before the purchasing process has even started.

Early warning indicators create a highly efficient consultation process between our customers and their clients, significantly improving the purchasing experience.

What makes us different?

Our customers choose us and stay with us because we’re different. They like being part of our community because our vision for the market allows us to deliver future proofed innovations which is good for their business.

Here’s some examples from the past twelve months that have helped us receive recognition as thought leaders in the property data space:

  • Data Snapshot - An instantly available property report that Conveyancers and Commercial Real Estate Lawyers can use to mitigate risk from the outset of their due diligence.
  • AI & Machine Learning - We’ve developed our own Machine Learning tool using Amazon based AI which is specifically designed for the property data industry.
  • Blockchain - We continue to work with industry leaders in the Blockchain Technology space to create positive change and we were the sole property data provider in the UK’s first Blockchain property trial (2019).

Contact: Sam Jordan
Tel: 01622 478843 (ext 4460)
Email: [email protected]

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