The latest edition of Landmark’s Commercial Property Trends Report is now live.
This report provides a detailed examination of the commercial property landscape across England, Wales and Scotland, tracking critical transactional benchmarks such as due diligence activity, planning application volumes and completion levels.
Key headlines from Q1 ’24 include:
- Environmental due diligence activity for Q1 ’24 was down 30% vs Q1 ’19.
- Large scale commercial planning applications ended Q1 ‘24 up 11% vs Q1 ‘19.
- Search order volumes in England & Wales fell 12% lower than Q4 ‘23 volumes, down 45% overall in Q1 ‘24 vs Q1 ’19.
- The Scottish market paints a more stable picture, with search order volumes up 9% in Q1 ‘24 vs Q1 ‘19.
- HMRC completion volumes in Jan ‘24 were up 2% vs Jan ’19.
Click here to view the full Cross-Market Activity edition of Landmark’s Q1 2024 Commercial Property Trends report.
Our Property Trends Report uses the benchmark year of 2019 as a comparison due to its relative stability.
This article was published by Landmark as part of their advertising agreement with Today’s Conveyancer.
The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.
