Search Acumen comments on ONS Housing and Affordability in England and Wales 2017

Search Acumen comments on ONS Housing and Affordability in England and Wales 2017

Andy Sommerville, Director at Search Acumen, comments:

“Today’s statistics on housing affordability show us that the UK housing crisis is truly a generational crisis.

“People in their twenties and thirties now have to earn twice as a much as their parents did to be able to afford to buy any property type in England. And, as house price growth has continually outstripped anaemic wage increases over the last two decades, home ownership has been thrown firmly out of reach for a whole generation.

“Worryingly, the solution to the crisis has always been to find more land to build more affordable homes. But the new homes being built in England and Wales are anything but affordable. In fact, newly-built homes were less affordable than existing dwellings almost every year over the last two decades.

“Clearly, we need to do more to find space to build truly affordable homes up and down the country. We’re buoyed to see the government’s concerted efforts to make information on UK land more transparent and open and we believe this will help developers find the space to build more homes that will drive down the affordability chasm our younger generation currently faces.”

This article was submitted to be published by Search Acumen 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.

Search Acumen







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]

The Maidstone Studios,
New Cut Road,
Vinters Park,
ME14 5NZ

Leave a Reply

Your email address will not be published.