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Search Acumen comments on HMRC property transactions, April 2017

Andy Sommerville, Director of Search Acumen, comments on HMRC Property Transactions April 2017

May 23rd, 2017 | Comments Off on Search Acumen comments on HMRC property transactions, April 2017

Conveyancing market flatlines as uncertainty clouds future outlook

Quarterly activity levels have shown little sign of movement in the year so far, with conveyancing volumes up from 245,275 in Q4 2016 to 245,738 in Q1 2017, according to the Q1 2017 edition of the Conveyancing Market Tracker from conveyancing search provider Search Acumen. Meanwhile, unprecedented levels of activity in early 2016 caused an 11% year-on-year decline in activity, worsened by February 2017 witnessing the lowest level of monthly activity since April 2014.

May 22nd, 2017 | Comments Off on Conveyancing market flatlines as uncertainty clouds future outlook

Search Acumen comments on ONS UK House Price Index, March 2017

Today’s figures show that UK house prices are continuing to slow, falling from 5.6% growth in February to 4.1% in March. This trajectory is no doubt reflective of the wider sentiment of the UK housing market, with the industry remaining flat and stagnant in the face of ongoing uncertainty.

May 16th, 2017 | Comments Off on Search Acumen comments on ONS UK House Price Index, March 2017

Search Acumen comments on the latest RICS Residential Market Survey

Andy Sommerville, Director at Search Acumen, comments on the latest RICS Residential Market Survey for April 2017

May 11th, 2017 | Comments Off on Search Acumen comments on the latest RICS Residential Market Survey

Search Acumen improves efficiency and transparency in the conveyancing market with quotation tool

Search Acumen, the conveyancing search provider, has designed and launched a new online quotation tool for conveyancers to quickly and accurately calculate the fees associated with a sale or purchase of a property for their customers.

May 3rd, 2017 | Comments Off on Search Acumen improves efficiency and transparency in the conveyancing market with quotation tool

Search Acumen comments on today’s HMRC Quarterly Stamp Duty Statistics

“The squeeze on affordability appears to be continuing as today’s statistics from HMRC reveal that Q1 2017 saw a 39% drop in transactions that were not liable for stamp duty land tax. Prospective buyers are being priced out of the market by surging house prices and a decrease in transactions with low tax thresholds is symptomatic of the housing crisis that burns on.

April 28th, 2017 | Comments Off on Search Acumen comments on today’s HMRC Quarterly Stamp Duty Statistics

Search Acumen are first to offer commercial title ownership data to real estate lawyers

Search Acumen, the property search provider, has announced it is the first in the industry to offer Land Registry’s Commercial Title Ownership data to its customers free of charge as the next step in the evolution of its commercial real estate platform.

April 25th, 2017 | Comments Off on Search Acumen are first to offer commercial title ownership data to real estate lawyers

Search Acumen comments on today’s HMRC property transaction figures, March 2017

Andy Sommerville, Director at Search Acumen, comments: “Housing transactions reached their highest point last month since the headlong rush to beat the introduction of the stamp duty surcharge twelve months earlier in March last year. A modest monthly rise from February 2017 nonetheless shows that a recovery in the residential property market is underway, with seasonally-adjusted transactions topping 100,000 for three successive months. This is just what the industry needs as the UK enters another potentially turbulent few months in the lead-up to the snap election on 8th June.

April 21st, 2017 | Comments Off on Search Acumen comments on today’s HMRC property transaction figures, March 2017

Search Acumen comments on today’s ONS House Price Index, February 2017

“Today’s house price data will do nothing to improve the bleak view of the UK’s property market. Average house price growth remains below the extortionate surge we witnessed in 2016, but the 5.8% growth in the year to February 2017 has rocketed the cost of buying to the highest point on record.

April 11th, 2017 | Comments Off on Search Acumen comments on today’s ONS House Price Index, February 2017

The industry must pull together to overturn our housing shortage and answer the cries of those struggling

Andy Sommerville, Director at Search Acumen, comments on today’s DCLG Help to Buy (Equity Loan scheme) statistics: 1 April 2013 to 31 December 2016

March 30th, 2017 | Comments Off on The industry must pull together to overturn our housing shortage and answer the cries of those struggling