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Search Acumen Comments On RICS Residential Market Survey

Andy Sommerville, Director of Search Acumen, comments: “The latest RICS UK Residential Survey results point to overall market trends remaining stagnant, with indicators on demand, supply and prices all falling within negative territory, albeit less

Will Digital Assistant Alexa Transform The Conveyancing Industry?

Andy Sommerville, Director of Search Acumen, comments: “Not only was it a strong year of house building in 2017/18 with more than 160,000 homes completed in England, but as today’s Land Use Change Statistics reveal,

Top 200 Conveyancers Seize Record Market Share As Active Firms Drop Below 4,000

Search Acumen Conveyancing Market Tracker – Q1 2019 edition The number of active conveyancing firms in England and Wales dropped below 4,000 (3,961) for the first time on record The top 200 conveyancing firms now

row of colourful houses

Caroline Robinson, Commercial Real Estate Business Development Manager of Search Acumen, comments: “The commercial property sector faces significant upheaval in the coming years as occupier demand continues to decline across the board. “The demand for

photo of row of houses

Andy Sommerville, Director of Search Acumen, comments: “March traditionally sees a slight increase in property transactions, however, the constantly shifting Brexit deadline and the resulting ripple effect of uncertainty through UK markets has contributed to

a toy house on grass

SNaPS (Search of the National Polygon Service) is a first-of-its-kind service that instantly interrogates property boundaries and ownership data – allowing property lawyers to make immediate assessments and act earlier for their clients The

man shaking woman hands

Search Acumen, property data insight and technology provider, has appointed Charlotte Cripps to the role of Commercial Real Estate Client Relationship Manager as the business continues to enhance its work with legal firms in the

row of houses

Andy Sommerville, Director of Search Acumen, comments on HMRC’s monthly property transactions for February: “While residential property transactions remained relatively flat in February 2019, the number of monthly seasonally adjusted transactions has only been bettered

Conveyancing Defies Brexit Uncertainty To Hit Post-EU Referendum High In Q4 2018

The average number of cases conveyancing firms dealt with in Q4 2018 (65) was the highest quarterly figure recorded since before the 2016 referendum on the UK’s membership of the European Union Total conveyancing volumes

Paralysis Continues To Grip The Property Market

Search Acumen comments on HMRC’s Monthly Property Transactions Andy Sommerville, Director of Search Acumen, comments: “Paralysis continues to grip the property market, with activity remaining flat. First-time buyers are accounting for a significant chunk of

Going the extra 133,000 miles: Search Acumen are first to introduce Public Rights of Way data within property insight platform

  For the first time, lawyers and property professionals can now digitally examine public pathways and footpaths that might affect transactions Instant access to Local Authority data now saves weeks in waiting time New dataset

Andy Sommerville, Director at Search Acumen, comments: “The UK commercial real estate sector was a rare bright spot in the last quarter of 2018, with new commercial work helping bring up otherwise poor construction figures. Property developers have spent the year worrying about just how bad the fallout from Brexit could be for the sector, which has meant the default ‘wait and see’ approach has stalled projects. “Even with a strong Help to Buy scheme continuing to prop up new residential developments, 2019 remains uncertain for the industry. Anaemic growth figures point to trepidation to invest while we don’t know how leaving the EU, with or without a deal, will affect the sector. “We’re not expecting this to ease any time soon – or at least, we’re not expecting this to ease any time close to Brexit. But we are hopeful that once we know our fate, it won’t take too long to get back to work and to get construction back up to speed.”

Andy Sommerville, Director at Search Acumen, comments: “The UK commercial real estate sector was a rare bright spot in the last quarter of 2018, with new commercial work helping bring up otherwise poor construction figures.

Brexit Cast A Shadow Over The UK Property Market, Leaving The Market Flattened

Search Acumen comments on HMRC’s Monthly Property Transactions for December Andy Sommerville, Director of Search Acumen, comments: “Brexit clearly cast a shadow over the UK property market in the run-up to Christmas, leaving the market

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

Brexit Uncertainty Drives Down Private Commercial Developments

Search Acumen comments on ONS Construction output in Great Britain, 11 January 2019 Andy Sommerville, Director at Search Acumen, comments: “The UK’s construction output continued to rise at a pace at the back end of

Number of active conveyancing firms in England and Wales down to the lowest since records began in 2011 The number of smaller conveyancers (handling up to 25 cases a month) has reduced by 10% in

Search Acumen Joins Global Legal Blockchain Consortium

Search Acumen, the property data insight and technology provider, is delighted to join the Global Legal Blockchain Consortium (GLBC), a body formed of 125 large companies, law firms, software companies, and universities from around the

UK Government Signposts A Propdata Revolution To Fuel Housing Reforms

In recent months, the UK Government’s commitment to housing reform has become increasingly certain – and one of the ways it is trying to underpin that is by making more property data available. A recent

Blackpool’s £250 million property market up by 19% in three years, as town prepares for digital data switch-over Blackpool’s property market experiences 19% growth in just three years, as the annual value of sales reaches

Search Acumen - PropTech

Technology and data provider marks half a decade of growth by predicting the demise of “digital dabblers” as property law firms and their clients become “data-dependent” Proptech firm celebrates five years of industry firsts –

Corporate bodies own more than 3,000 square metres of land for every household in England and Wales

Land holdings amount to three five-a-side football pitches or 12 tennis courts for every household across England and Wales South East has the largest area of land owned by domestic corporate and commercial entities –

Real estate industry

The number of commercial transactions has grown by 114% from 7,445 in 2014 to 15,939 in 2017, with 2018 set to be another bumper year Commercial transactions now account for almost one in four (23%)

London’s commercial property transactions

The number of commercial transactions has grown by 114% from 7,445 in 2014 to 15,939 in 2017, with 2018 set to be another bumper year Commercial transactions now account for almost one in four (23%)

House prices

Liverpool housing market sees 124% growth in five years, as annual value of sales grows to £996m in 2017 House prices have increased by over £20,000 (16%) since 2012, with the average house price reaching

Andy Sommerville, Director at Search Acumen, comments: “This month’s data adds to the growing pile of indicators which show that contrary to the weather, the UK housing market is experiencing a clear cooling process this

Andy Sommerville, Director at Search Acumen, comments: “The UK property market takes its lead from London and the South East. While parts of the UK continue to enjoy healthy levels of house price growth, the

Search Acumen Conveyancing Market Tracker – Q2 2018 edition Firms ranked between 51st and 100th experienced largest yearly transaction growth (23%) as the challenger firms set the pace within the top 100, building on momentum

Andy Sommerville, Director at Search Acumen, comments: “Today’s figures show that the slowing UK housing market has now effectively hit a brick wall. “For some, this is welcome relief. Particularly in the capital, stalled house

Search Acumen is excited to get down to work and begin to utilise HM Land Registry’s (HMLR) newly opened, central digital Local Land Charges (LLC) register. It is early days, but we think the ability

Andy Sommerville, Director at Search Acumen, comments on today’s MHCLG housebuilding statistics:

Commercial Real Estate platform – ForeSite, now displays approved, pending, denied and withdrawn planning applications to assist legal firms acting on property transactions Feature shows current and historic applications dating back to 2008 to highlight

In recent years, we’ve seen an abundance of property reports enter the market. The proliferation of choice has taken hold of the conveyancing industry, and lawyers are increasingly at risk of being overwhelmed by the

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