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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
A strong start to 2022 for house prices
Wednesday, 23 March 2022UK average house prices increased by 9.6% over the year to January 2022, down from 10.0% in December 2021. The average UK house price was £274,000 in January 2022, which is £24,000 higher than this time last year.
Tags: Search Acumen
Posted in associate news
Transactions smash 300,000 threshold as conveyancing crunch continues in Q4
Tuesday, 1 March 2022Search Acumen’s analysis reveals that the conveyancing market across England and Wales registered a record 306,237 completed transactions between October and December last year.
Tags: Search Acumen
Posted in associate news
Search Acumen comments on HMRCs Number of Property Transactions
Tuesday, 22 February 2022Andy Sommerville comments on the ‘return to normal’ following January’s dip in transactions of about 22%. Andy also comments on how demand will evolve in the coming months and how property professionals can help buyers balance property demands with upcoming cost pressures through innovative technological solutions.
Tags: Search Acumen
Posted in associate news
Inflated prices fueled by sustained demand and ongoing shortage of stock
Wednesday, 16 February 2022Andy Sommerville, Director at Search Acumen, says: “December’s figures represent a full year of rising house prices across the UK, driven by sustained demand which has progressively outstripped supply during the course of the year. Traditionally a quieter month for the property market, house prices continued to defy expectations and climbed 10.8% in the final month of the year.
Tags: Search Acumen
Posted in associate news
Construction industry responds to demand with increased output
Friday, 11 February 2022Monthly construction output increased by 2.0% in volume terms in December 2021; this came solely from an increase in new work (3.5%) as repair and maintenance saw a decline of 0.7% on the month.
Tags: Search Acumen
Posted in associate news
Blog
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
ABSs, cost and audits – fixing regulation after Axiom Ince
A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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