Search Acumen comments on the ONS/Land Registry House Price Index, May 2016

Search Acumen comments on the ONS/Land Registry House Price Index, May 2016

Andy Sommerville, Director of Search Acumen, comments on the ONS/Land Registry House Price Index, May 2016

“UK average house prices increased by 8.1% in the year to May 2016, according to the latest House Price Index from the ONS and Land Registry, revealing continually strong growth in the housing market in the pre-Brexit climate. So much has changed since then, but the data does show the robust demand for properties in the run up to the referendum. In May, prices were rising in all four countries in the United Kingdom, and this is driven by the inadequate supply of new and affordable homes.

“As Theresa May begins her term in office with new Housing Minister Gavin Barwell, there is an opportunity for a new approach to tackling the housing shortage. Housebuilders need confidence in order to get on with what they are good at – building homes – and further planning reform is one way to achieve this, something which must stay on the agenda despite Brexit.

“Although transaction activity could slow or fall over the next few months as the impact of uncertainty around Brexit is reflected in the number of deals going through, conveyancers have an opportunity to take a deep look at their business and how they can increase productivity. Doing this now may pay dividends later in the year.”

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

http://www.search-acumen.co.uk/

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: Sam.Jordan@search-acumen.co.uk Address The Maidstone Studios, New Cut Road, Vinters Park, Maidstone, Kent ME14 5NZ

Leave a Reply

Your email address will not be published. Required fields are marked *