Search Acumen comments on today’s Rightmove House Price Index

Andy Somerville, Director of Search Acumen, comments: “Without urgent action home ownership will remain nothing more than a Christmas wish for many aspiring homeowners. “There is clearly still plenty of confidence in the housing market as sellers’ price expectations for newly listed homes increase. Some will see the rising national average asking price as a […]

Search Acumen comment HMRC Quarterly Stamp Duty Statistics

Search Acumen comments on today’s (28/04/17) HMRC Quarterly Stamp Duty Statistics: “The squeeze on affordability appears to be continuing as today’s statistics from HMRC reveal that Q1 2017 saw a 39% drop in transactions that were not liable for stamp duty land tax. Prospective buyers are being priced out of the market by surging house prices […]

Search Acumen comments on today’s ONS House Price Index, February 2017

Commenting on the recently published ONS House Price Index, Andy Sommerville, Director at Search Acumen, stated: “Today’s house price data will do nothing to improve the bleak view of the UK’s property market. Average house price growth remains below the extortionate surge we witnessed in 2016, but the 5.8% growth in the year to February 2017 […]

Search Acumen comments on Department for Communities and Local Government housing statistics

Following the recent release of the 2016 housebuilding statistics from the Department for Communities and Local Government, Director of Search Acumen, Andy Somerville has commented: “2016 housebuilding starts soared to their highest level seen in England since the financial crisis in 2008 – reaching over 150,000 across all dwellings. During a year filled with uncertainty, many […]

Search Acumen comments on the ONS House Price Index, December 2016

Commenting on the latest HPI  figures, Andy Sommerville, Director at Search Acumen, states: “2017 will almost certainly be another year of big house price increases. The final month of 2016 saw a 1.4% jump in house prices, setting the tone for the year ahead. A 7.2% annual rise in values in 2016, what could at the […]

Search Acumen transforms commercial property due diligence with launch of new, fully integrated data platform

Search provider launches first commercial data service specifically developed for real estate lawyers to transform due diligence process Data updates in real-time and fully integrates with official data sources, as well as giving lawyers access to satellite imagery and Google Street View Highways data layer provides immediate confirmation of road adoption status and maintaining Authority […]

Search Acumen comments on the government’s Housing White Paper

Andrew Lloyd, Managing Director at Search Acumen, comments: “The battle for a more efficient housing market has sprung into action with the publication of the Housing White Paper marking a vital acknowledgement of the current broken system. Planning for the right homes in the right places, building homes faster and diversifying the market are all […]

Search Acumen comments on HMRC Number of Property Transactions, December 2016

Andy Sommerville, Director at Search Acumen, comments: “Despite activity being 8.5% lower than 2015, data for December has revealed a steady end to the year with a 0.2% month-on-month increase in residential property transactions. After a turbulent year in the property market we can certainly be grateful for the state it enters 2017, in comparison […]

Andrew Lloyd, Managing Director of Search Acumen, calls to drop plans for Land Registry sell off

Yesterday’s removal of the proposal for privatisation from the Neighbourhood Planning and Infrastructure Bill has been welcomed by many in the legal industry, clearly demonstrating that further consideration is required on all implications of the potential sell-off. MP for Tottenham David Lammy has previously expressed fears over government plans saying it will have “serious consequences for transparency” with […]

Search Acumen comments on DCLG Green Belt Statistics

Andy Sommerville, Director at Search Acumen, comments on the release of today’s DCLG Green Belt Statistics, England – 2015/16: “Today’s data shows a minimal change in England’s Green Belt area over the past year, no doubt coming as good news to those seeking to protect our countryside and strive for urban regeneration. However the year-on-year drop […]

Search Acumen comments on the HMRC Number of Property Transactions, June 2016

Andy Sommerville, Director of Search Acumen, comments on the HMRC Number of Property Transactions, June. “The year on year deterioration in residential transaction figures in June, which today’s HMRC data shows, will not come as a surprise to stakeholders in our industry. After the pre-April spike in activity, we now continue to see the stamp […]