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The latest UK monthly property transactions data shows that the provisional seasonally adjusted estimate of UK residential transactions in July 2021 is 73,740, up 4.2% from July 2020 but down 62.8% from June 2021

Surging house prices over the last year have loosened London’s grip on the high-value property market, according to analysis of official data by Search Acumen, the property data and insight provider.

Knights, the UK’s fastest growing legal and professional services business outside of London, has almost doubled in size during the past 18 months. Adoption of technology has long been central to Knights’ growth strategy as it seeks to improve processes to the benefit of its professionals and clients. As part of this, Knights has been using Search Acumen’s commercial platform ForeSite for a long time. 

Search Acumen, the property data insight and technology provider, has launched a new tool that provides real-time property data to lawyers via interactive reports, empowering them to advise clients earlier and progress transactions more efficiently than ever before.

UK average house prices increased by 8.9% over the year to April 2021, down from 9.9% in March 2021 (ONS HPI). Andy Sommerville, Director at Search Acumen, says: “This latest data indicates the new build premium shows no signs of abating.