Search Acumen comments on HMRC property transactions for September

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21 October 2015


Search Acumen200Andy Sommerville, director of Search Acumen, comments on the HMRC property transactions for September:

“The property market is in good health, experiencing steady growth as transactions creep up month-on-month. Looking closely at historical trends, we’re in an even better place:  aside from February of last year – which was something of a one-off in terms of exceptional performance – the only time the market has seen higher monthly transactions than this September was way back in December 2007.

“Conveyancers should expect steady business levels, and with improving lending conditions we’re likely to see more buyers flock to the housing market. However, the need to address longer term supply-side issues remains the core challenge for policy makers. Brandon Lewis’s new target of a million new homes by 2020 is a challenging one, but the aspirations of future home buyers depend on the government’s ability to deliver on this promise.”



Legal Futures Blog

The digital deed: what will the digital mortgage mean for property transactions?

Andrew Lloyd 2017

Over the past 20 years, nearly all aspects of our financial lives have migrated online, from tax returns to banking. Yet arguably the most important and protracted financial process in our lives has remained doggedly devoted to the paper based world. A single signature in Rotherhithe, south-east London, on 4 April, however, may have just lit the touch paper for transforming this process. By signing the UK’s first ever digital mortgage through the government’s new “sign your mortgage deed” service, a signal was sent that the home-buying process is finally on course to be digitised, simplified and streamlined.

May 24th, 2018