TC Timeline
Today’s Conveyancer Product Timeline Welcome to the Today’s Conveyancer Product Timeline; a dynamic resource designed to help our readers navigate the legal supplier industry by understanding the variety of products and services available. Today’s Conveyancer exhibits the very latest innovations and developments through our partners and advertisers, truly creating a hub of all things conveyancing. […]
Legal sector forms key part of government’s 10-year Modern Industrial Strategy
The government has confirmed its commitment to supporting and investing in the legal sector, laying out its plans in the 10-year Modern Industrial Strategy shared yesterday. In a statement to Parliament, the secretary of state for business and trade Jonathan Reynolds said the strategy ‘focuses on the high-growth potential sectors that will drive prosperity now […]
Number of conveyancing firms drops while caseloads rise
An analysis of HM Land Registry data by Search Acumen reveals there was a 4% drop in the number of active property law firms in the financial year 2024/25, which the legal and property tech company says is due to ongoing ‘notable’ sector consolidation. There are now 3,719 active property law firms in England and […]
Industry welcomes Spending Review plan of £39 billion for affordable homes
Chancellor Rachel Reeves has confirmed that £39 billion will be allocated to building social and affordable housing in England over the next decade. The announcement came as part of the government’s Spending Review 2025, which sets out the government’s plans to invest in Britain’s renewal and deliver its Plan for Change. Alongside the £39 billion […]
Property industry unfazed by steep decline in HMRC monthly transaction data
Property industry experts continue to be optimistic about the housing market, despite the latest UK monthly property transaction data showing a steep decline. HMRC’s non-seasonally adjusted residential transactions decreased by 66% in April 2025 relative to March 2025 – the highest month-on-month decrease since records began for non-seasonally adjusted figures. The provisional seasonally adjusted estimate […]
Lawyers gain over 3,000 hours in productivity in just six months with document reading tool
Search Acumen, a pioneer in UK legal technology, has reported its unique local authority document reading tool, Real Estate Intelligence (REI), has digitally read and analysed more than 74,000 individual pages of local authority search documents. The company estimates that this industry-first has given lawyers over 3,250 hours back in productive time for fee-earning, by replacing […]
March transaction numbers ‘foundation for growth’ but capacity could be an issue
The impact of the SDLT deadline on 31st March was evident in the latest figures from HMRC which showed sizeable uplifts in transactions from February 2025 and March 2024. The provisional seasonally adjusted estimate of UK residential transactions in March is 177,370, which is 104% higher than March 2024 and 62% higher than February 2025. […]
Commercial real estate sector set to miss major decarbonisation target by a decade
Research by commercial real estate data and technology company Search Acumen suggests that it will take until at least 2040 for all rented commercial properties to meet the 2030 MEES standards (of EPC rating B or higher). When the same research was undertaken last year, the industry was set to meet the target by 2038. […]
February transaction numbers 24% up on 2024 with more to come
February’s transaction numbers provide a glimpse of the scale of activity in the residential property with volumes up a quarter on the same time last year, and 10% up on January 2025. With the SDLT deadline today (31st March 2025) there is no doubt February’s numbers are an indicator of what can be expected once […]
Momentum building for 1.15m transactions in 2025
Property momentum is building to deliver c.1.15m property transactions with both Rightmove and Zoopla predicting a 5% uplift on volumes over the course of 2025. Zoopla’s latest House Price Index indicates double digit growth across key measures of demand and supply alongside a strong start to 2025 according to HMRC’s latest transaction stats. HMRC’s latest […]
From Fragmentation to Integration: mapping a pathway to maturity for Prop-tech
Over recent years, we’ve seen a steady flow of mergers and acquisitions in the Prop-tech market, including InfoTrack’s purchase of our leading UK tech business Search Acumen a few years ago. While the consolidation process can be turbulent, property companies and law firms should take heart that this is not the sign of an industry […]
Strong finish to 2024 with transactions up 13% year on year
November housing transactions demonstrated an element of seasonality with a strong end to 2024 on the cards. Despite a slow start to the year, the non-seasonally adjusted estimate of the number of UK residential transactions in November 2024 is 104,440, 19% higher than November 2023 and 6% lower than October 2024. “With more competitive interest […]
Industry reacts: HMRC’s latest National Statistics UK Monthly Property Transactions
HMRC have released national statistics, with the seasonally adjusted estimate of UK non-residential (commercial) transactions in October showing a 42 per cent increase compared to October 2023, and a 40 per cent increase compared to September 2024. The seasonally adjusted estimate of UK residential transactions in October shows a 21% increase compared to October 2023, […]
Property transactions 2% higher than same period last year – HMRC
The provisional non-seasonally adjusted estimate of the number of UK residential transactions in September 2024 is 94,800, 2% higher than September 2023 and 9% lower than August 2024, according to HM Revenue & Customs recent UK monthly property transactions. Looking at the same data on a seasonally adjusted basis, the number of UK residential transactions […]
Enhancing identity verification: How conveyancers can navigate the future UK housing boom
It’s been a sluggish few years for the UK housing market. Data from Nationwide shows market activity has remained broadly flat over the past 12 months, and is 15% lower than pre-Covid levels in 2019. This has naturally led to less work for conveyancers, with data from Search Acumen’s Conveyancing Market Tracker showing that the […]
Conveyancing industry gets together for Groundsure’s Charity Golf Day and raises a fantastic £6,000!
On the 5th September, members of the conveyancing industry gathered at The Welcombe Golf Club to attend Groundsure’s Charity Golf Day 2024 edition. This day aimed to raise money for two wonderful charities which are very close to our hearts, Prostate Cancer UK and Breast Cancer UK. We would like to thank once again all the teams and […]
Property transactions 10% higher compared with the same period last year, data reveals
New data from HM Revenue & Customs has revealed the number of UK residential property transactions in August 2024 is 10% higher than the same month last year. The provisional non-seasonally adjusted estimate of the number of UK residential transactions in August 2024 is 104,330, 10% higher than August 2023 and 8% higher than July […]
Summer tempers transactions but demand on the up
Summer appears to have tempered property transaction volumes with a marginal month-on-month decrease for the second month in a row, falling by less than 1% from 91,220 in June 2024 to 90,630 in July 2024 according to the latest HMRC UK monthly property transactions commentary. But with the election a distant memory and a cut […]
Are conveyancers prepared for Labour’s home building programme?
Conveyancers must be prepared to manage the additional workload brought by the Labour government’s house building targets as new figures show a continued decrease in the number of firms undertaking conveyancing work in England and Wales. The warning comes from from property data company Search Acumen whose latest Conveyancing Market Tracker shows a 3% reduction […]
BofE cuts interest rates to 5%
The Bank of England has reduced interest rates from 5.25% to 5%, marking the first decrease since the start of the pandemic in March 2020. The cut comes as a result of wider economic stability and inflation holding at 2% for the last two months. In response to the Bank of England’s announcement on interest […]