Tag Results
Interest rate rise reaction
Thursday, 4 August 2022Andy Sommerville, Director at Search Acumen (property data insight and technology provider), comments on today’s decision from the Bank of England to raise interest rates by 0.5% and its effect on the housing market:
Tags: Search Acumen
Posted in associate news
Search Acumen comments on HMRC’s property transactions data for June 2022
Thursday, 21 July 2022Andy Sommerville, Director at Search Acumen, says: “Transactions are naturally down from the incredible heights we saw in 2021, and we have seen a month on month decline with volumes tracking below pre pandemic figures.
Tags: Search Acumen
Posted in associate news
Supply and demand imbalance supports continued price growth despite intensifying cost of living pressures
Wednesday, 20 July 2022“The latest ONS data demonstrates that, despite cost of living pressures acting as a brake on price growth, house prices remain extremely high by historic standards.
Tags: Search Acumen
Posted in associate news
Over 100,000 property transactions completed using digitised register for local land charges
Monday, 27 June 2022Search Acumen’s analysis indicates over 100,000 property transactions have been completed in local authorities which have adopted HM Land Register’s digital register for local land charges
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Posted in associate news
Search Acumen comments on HMRC’s property transactions data for May 2022
Tuesday, 21 June 2022The latest HMRC property transaction data covering May 2022 shows a 1.6% jump in transactions from the month previous. Transactions are down 2% on May 2021
Tags: Search Acumen
Posted in associate news
Right To Buy v2.0 is not a sequel that aspiring buyers will be flocking to see in meaningful numbers
Thursday, 9 June 2022Search Acumen comments on falling enquiries to estate agents and the Right to Buy policy announcement. Andy Sommerville, Director at Search Acumen, comments: “Today’s news of falling enquiries to estate agents last month shows a property market continuing to find its equilibrium after a rollercoaster ride over the last two years.
Tags: Search Acumen
Posted in associate news
Conveyancing boom brings hundreds of firms back into market
Wednesday, 8 June 2022Conveyancers enjoyed their busiest year on record in 2021/22 – and hundreds of law firms came back into the market – with the average practice seeing a 60% rise in transactions.
Tags: Search Acumen
Posted in Latest news, Property
Search Acumen comment: ONS House Price Index
Wednesday, 18 May 2022ndy Sommerville, Director at Search Acumen, says: “The latest ONS data reports a 9.8% house price increase compared to March 2021. The annual growth rate slowed down a little compared to February, but monthly ebb and flow is normal and not indicative necessarily of a wider trend.
Tags: Search Acumen
Posted in associate news
Demand storms ahead of cost pressures – boosting construction industry in Q1
Friday, 13 May 2022Monthly construction output increased by 1.7% in volume terms in March 2022; this is the fifth consecutive monthly growth and a record high in monthly level terms (£14,994 million) since monthly records began in January 2010.
Tags: Search Acumen
Posted in associate news
Search Acumen comments on climbing house prices following ONS HPI for February 2022
Wednesday, 13 April 2022Andrew Lloyd, Managing Director at Search Acumen, says: “This latest data highlights the continued remarkable rise of house prices, with February 2022 marking a 10.9% increase compared to February 2021 and a 10.2% uplift from January 2022.
Tags: Search Acumen
Posted in associate news