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Recovery in the commercial and residential property markets is transitioning into consistent growth
Wednesday, 4 December 2024The seasonally adjusted estimate of UK non-residential (commercial) transactions in October shows a 42% increase compared to October 2023, and a 40% increase compared to September 2024.
Tags: Search Acumen
Posted in associate news
Search Acumen comment on HMRC Transaction Data for September 2024
Thursday, 31 October 2024“With surer footing and an injection of cash on the way, we want to make sure that the industry is primed and ready for the challenge”
Tags: Search Acumen
Posted in associate news
Search Acumen launches REI, the UK’s first AI model trained to handle local authority real estate search data
Tuesday, 29 October 2024Leading Proptech firm Search Acumen has unveiled REI (‘Real Estate Intelligence’). REI is a proprietary AI application that now forms part of Search Acumen’s existing end-to-end case management system for real estate lawyers.
Tags: Search Acumen
Posted in associate news
Search Acumen responds to HMRC’s property transaction data for August 2024
Friday, 27 September 2024The seasonally adjusted estimate of the number of UK residential transactions in August 2024 is 90,210, 5% higher than August 2023 and marginally lower (less than 1%) than July 2024.
Tags: Search Acumen
Posted in associate news
AI-powered revolution in property law: streamlining local authority data
Friday, 23 August 2024The inefficiencies plaguing the property transaction process have long been a source of frustration for legal professionals.
Tags: Search Acumen
Posted in associate news
Active property law firms continue to drop in 2024 with transactions down 22%
Friday, 9 August 2024Total transactions across the residential and commercial real estate market are down by -22% annually.
Tags: Search Acumen
Posted in associate news
Search Acumen responds to base rate cut from 5.25% to 5%
Thursday, 1 August 2024In response to the Bank of England cutting the base rate from 5.25% to 5%, Andrew Lloyd, Managing Director at Search Acumen, comments:
Tags: Search Acumen
Posted in associate news
£Billion commercial real estate hotspots revealed
Thursday, 11 July 2024Challenging conditions in the commercial real estate market have contributed to a collapse in the number of local authority districts in England and Wales attracting £1bn+ in annual commercial real estate sales, according to new analysis from Search Acumen, the property data provider.
Tags: Search Acumen
Posted in associate news
Search Acumen comments on HMRC’s property transaction data for May 2024
Friday, 28 June 2024The seasonally adjusted estimate of the number of UK non-residential transactions in May 2024 is 10,130, 6% higher than May 2023 and 1% higher than April 2024.
Tags: Search Acumen
Posted in associate news
Commercial landlords to miss MEES targets by nearly a decade costing £750m in rents a year
Thursday, 13 June 2024There are still nearly 18,000 commercial rental properties with EPCs rated F or G that are non-compliant with Minimum Energy Efficiency Standards (MEES) that took effect in April 2023
Tags: Search Acumen
Posted in associate news