– equivalent to over 171,000 extra sales Pandemic response more effective at stimulating demand than post-financial crisis Stamp Duty holiday in 2008/09, when transactions fell 27% 171,303 extra transactions occur since the introduction of the holiday compared to the norm Read More
Number of quarterly residential property transactions worth £1m or more liable for SDLT reaches record level of 8,300 in Q1 20211 Number of quarterly residential property transactions worth £1m or more liable for SDLT climbs 9% over the Read More
Private and public new housing work up 0.3% and 13.5% over the last month respectively1 Andy Sommerville, Director at Search Acumen, says: “This latest data shows construction continues to cement itself as one of the key contributing Read More
• House prices jump 1.1% over the last month to reach record high1 Andy Sommerville, Director at Search Acumen, says: “This latest data shows that the housing market is still receptive to government stimulus measures. “The rise Read More
Andy Sommerville, Director at Search Acumen, says: “This latest data shows activity in the property market started to level off ahead of the end of the initial Stamp Duty holiday. “The slide in property prices Read More
Further digitisation of property data in Stockport will cut search
Property professionals can now access new data on highway extent and tree preservation orders in Stockport Further digitisation of search data will cut search times from 20 days to one Number of residential property transactions in Read More
Search Acumen signs up to blockchain network Coadjute
Coadjute, the blockchain network for the UK property market that aims to halve the time it takes to move home, announced the move by leading conveyancing software firm Osprey Approach, property data provider company Search Read More
Competitive pressures drive industry consolidation as active firms fall from 4,836 to 3,808 Average number of transactions per firm plummets 43% during first lockdown However, average firm sees caseload grow by 63% over the last ten years The number Read More
Volume of new private housing output jumps 2.7% over most recent three months compared to previous three months1 Andy Sommerville, Director at Search Acumen, says: “This latest data reveals the impact the anticipated earlier end date Read More
Andy Sommerville, Director of Search Acumen, comments on the drawbacks of the Chancellor, Rishi Sunak, extending the Stamp Duty holiday until June in the Budget: “Today’s stamp duty extension is not just welcome news Read More
Conveyancing volumes rise 27% in one month, with 73,142 transactions occurring in December 2020, up from 57,632 in November 2020 Numbers of active conveyancing firms continues to recover from the troughs of first lockdown – now up to 3,800 December 2020 was the Read More
Price gap between new builds and existing properties in the UK reaches £64,6241 Andy Sommerville, Director at Search Acumen, says: “This latest data illustrates the level of the price premium consumers often have to swallow when Read More
• New private housing output up 6.7% over the last quarter1 Andy Sommerville, Director at Search Acumen, says: “These latest figures show the construction industry is one of the most resilient sectors of the UK economy. “The Read More
Search Acumen, the property data insight and technology provider, has launched new data reports and insurance to enable real estate lawyers to identify risk upfront and help clients progress transactions ahead of the stamp duty Read More
• Brexit uncertainty prompts overseas companies to dispose of properties in London and the South East • While overseas company property ownership rises sharply in the North of England – up 11% and 9% in Merseyside and Greater Manchester respectively Read More
New private housing construction work rises 145% since height of first lockdown1 However, new private housing construction activity dips 1.9% compared to previous month1 Andy Sommerville, Director at Search Acumen, says: “This latest data shows an uplift Read More
This year has shown us that more than ever technology is an essential part of how we work. Integrating transformative technologies such as AI and machine learning should be front of mind if we are Read More
• Stamp Duty receipts rise 27% over the last quarter, increasing to £1.9bn in Q3 2020, up from £1.5bn in Q2 20201 • Number of property transactions liable for Stamp Duty jumps 68% over the last quarter, rising to 250,500 Q3 2020, up Read More
• The number of active firms jumped 56% in Q3 2020, rising to 3,751, up from 2,411 in Q2 2020 • Conveyancing volumes increased sharply by 105% over the last quarter, climbing to 169,143 in Q3, up from 82,385 in the previous quarter • First registrations Read More
Search Acumen launches first Artificial Intelligence tools to transform property legal work in the UK. • Data insight and technology provider harnesses machine learning to help real estate lawyers conduct property due diligence more efficiently and Read More