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

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 flattened as a result. It’s likely the same shadow will extend into January once the first 2019 indicators emerge.

“Uncertainty can quickly mean sales are put on ‘pause’, and some buyers and investors across the country are understandably playing a waiting game ahead of March.

“Despite the distraction of Brexit and the short-term lull in sales, we urge the Government to remain focused on its long-term ambitions to deliver a more efficient and expedient property market. Initiatives such as HM Land Registry’s Digital Street and the Geospatial Commission are making great inroads into exploring how the process of buying and selling homes and commercial premises can be quicker and simpler.

“Outdated processes have long held the property market back, in good times as well as bad, and the benefits of addressing this issue will pay dividends for decades to come.”

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

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