Search Acumen report: Commercial Real Estate volumes grew by 20% since 2016

Search Acumen Report: Commercial Real Estate Volumes Grew By 20% Since 2016

Contrary to some doom-laden headlines we’ve been seeing in the last year, our new data-driven study found that the commercial real estate sector is healthy across England and Wales. In June 2019, we published our

Search Acumen comments on the Digitisation of the Local Land Charges register for Norwich City Council

Since 2016, there have been 7,765 property transactions in Norwich City Council valuing just over £1.9bn Of those, just over 85% (6,629) were residential property transactions, totalling around £1.43bn. Norwich has experienced 1,136 commercial real

Search Acumen comments on ONS construction figures

Andy Sommerville, Director of Search Acumen, comments: “We recently heard that house building has hit a ten-year low in London, but anxiety has spread beyond the capital as investors and developers are being forced to

Search Acumen comments on MHCLG planning applications in England

Andy Sommerville, Director at Search Acumen, comments: “It’s been a strong year for housebuilding, but planning applications and grants have continued to fall – 2018/2019 has seen the biggest dip in applications for a decade.

Remortgaging Falls In April But First Time Buyer Mortgages Increase

Twice as many locations in England and Wales broke the £1bn sales mark in 2018 than 2016 Search Acumen Commercial Real Estate Insights – June 2019 Thirteen local authority districts across England and Wales exceeded

Transactions Agreed Suggest Summer Property Price Increases

Search Acumen comments on Homes England Annual Housing Statistics Andy Sommerville, Director at Search Acumen, comments: “A buoyant market, a prosperous future – those are the phrases that spring to mind looking at today’s statistics.

Search Acumen Comments On RICS Residential Market Survey

Andy Sommerville, Director of Search Acumen, comments: “The latest RICS UK Residential Survey results point to overall market trends remaining stagnant, with indicators on demand, supply and prices all falling within negative territory, albeit less

Will Digital Assistant Alexa Transform The Conveyancing Industry?

Andy Sommerville, Director of Search Acumen, comments: “Not only was it a strong year of house building in 2017/18 with more than 160,000 homes completed in England, but as today’s Land Use Change Statistics reveal,

Top 200 Conveyancers Seize Record Market Share As Active Firms Drop Below 4,000

Search Acumen Conveyancing Market Tracker – Q1 2019 edition The number of active conveyancing firms in England and Wales dropped below 4,000 (3,961) for the first time on record The top 200 conveyancing firms now

row of colourful houses

Caroline Robinson, Commercial Real Estate Business Development Manager of Search Acumen, comments: “The commercial property sector faces significant upheaval in the coming years as occupier demand continues to decline across the board. “The demand for

photo of row of houses

Andy Sommerville, Director of Search Acumen, comments: “March traditionally sees a slight increase in property transactions, however, the constantly shifting Brexit deadline and the resulting ripple effect of uncertainty through UK markets has contributed to

a toy house on grass

 SNaPS (Search of the National Polygon Service) is a first-of-its-kind service that instantly interrogates property boundaries and ownership data – allowing property lawyers to make immediate assessments and act earlier for their clients The new

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Search Acumen, property data insight and technology provider, has appointed Charlotte Cripps to the role of Commercial Real Estate Client Relationship Manager as the business continues to enhance its work with legal firms in the

row of houses

Andy Sommerville, Director of Search Acumen, comments on HMRC’s monthly property transactions for February: “While residential property transactions remained relatively flat in February 2019, the number of monthly seasonally adjusted transactions has only been bettered

Conveyancing Defies Brexit Uncertainty To Hit Post-EU Referendum High In Q4 2018

The average number of cases conveyancing firms dealt with in Q4 2018 (65) was the highest quarterly figure recorded since before the 2016 referendum on the UK’s membership of the European Union Total conveyancing volumes

Paralysis Continues To Grip The Property Market

Search Acumen comments on HMRC’s Monthly Property Transactions Andy Sommerville, Director of Search Acumen, comments: “Paralysis continues to grip the property market, with activity remaining flat. First-time buyers are accounting for a significant chunk of

Going the extra 133,000 miles: Search Acumen are first to introduce Public Rights of Way data within property insight platform

  For the first time, lawyers and property professionals can now digitally examine public pathways and footpaths that might affect transactions Instant access to Local Authority data now saves weeks in waiting time New dataset

Andy Sommerville, Director at Search Acumen, comments: “The UK commercial real estate sector was a rare bright spot in the last quarter of 2018, with new commercial work helping bring up otherwise poor construction figures. Property developers have spent the year worrying about just how bad the fallout from Brexit could be for the sector, which has meant the default ‘wait and see’ approach has stalled projects. “Even with a strong Help to Buy scheme continuing to prop up new residential developments, 2019 remains uncertain for the industry. Anaemic growth figures point to trepidation to invest while we don’t know how leaving the EU, with or without a deal, will affect the sector. “We’re not expecting this to ease any time soon – or at least, we’re not expecting this to ease any time close to Brexit. But we are hopeful that once we know our fate, it won’t take too long to get back to work and to get construction back up to speed.”

Andy Sommerville, Director at Search Acumen, comments:  “The UK commercial real estate sector was a rare bright spot in the last quarter of 2018, with new commercial work helping bring up otherwise poor construction figures.

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

House Building On The Rise - So Why Are We Still In Crisis?

Search Acumen comments on ONS Housebuilding Statistics September Quarter 2018 Andy Sommerville, Director at Search Acumen, comments: “We’ve found ourselves in a situation where we’re on track to have built nearly 160,000 new homes in England

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