“2017 will almost certainly be another year of big house price increases. The final month of 2016 saw a 1.4% jump in house prices, setting the tone for the year ahead.
Search Acumen transforms commercial property due diligence with launch of new, fully integrated data platform
Search Acumen, the property search provider, has launched an online platform specifically dedicated to commercial property transactions, designed to transform the due diligence process by providing real estate lawyers with instant access to commercial property data sets and the ability to conduct and manage a portfolio of property searches in one place.
The battle for a more efficient housing market has sprung into action with the publication of the Housing White Paper marking a vital acknowledgement of the current broken system. Planning for the right homes in the right places, building homes faster and diversifying the market are all welcomed ploys, but the announced modernisation of Land Registry mustn’t be overlooked as a leap in the right direction for our industry.
Andy Sommerville, Director at Search Acumen, comments: “Despite activity being 8.5% lower than 2015, data for December has revealed a steady end to the year with a 0.2% month-on-month increase in residential property transactions.
The future could be looking brighter as we enter a new year, with worries surrounding construction output taking a positive turn
Andy Sommerville, director at Search Acumen, comments on ONS UK House Price Index, November 2016.
The top five conveyancing firms handled 10% more transactions in the second quarter of this year than in the same quarter the previous year, research has shown. However, the bottom half of the top 100 have showed the fastest growth over the past four years.