The latest report from our parent company Landmark’s Market Research analysis focuses on how the residential property sector is embracing automation and deriving benefits from digital transformation.
It’s clear, being able to surface more insights earlier can speed up transactions and deliver more buyer certainty. Landmark asked over 100 residential conveyancers to share their experiences of going digital and moving to a business model that automates more key systems.
Discover:
- The percentage of firms committed to automation and increasing their IT budgets
- The biggest challenges to digital transformation – what’s holding business back
- Which aspects of the sales process might benefit most from more automation
- The percentage of businesses that say automation makes them more profitable
Landmark Information Group collects, manages and delivers data across every part of the property industry’s value chain. The breadth of our work means we can undertake a wide range of surveys just like this one, surfacing key insights on subjects such as automation, Home Movers’ Experiences, and Climate Change.
The guide is available for download now.
Introducing the Landmark Climate Change Report: Helping property professionals, property investors and businesses to understand how climate change could impact a property.
It is highly important to start reporting on climate change and the numbers can prove it:
- 2022 was officially the warmest year on record for the UK (Source: BBC)
- Large-scale action in all sectors of the economy will be required, including tackling emissions generated by the building stock, which accounts for 31% of our national emissions. (Souce: Gov.uk)
- 25 percent of the UK’s total greenhouse gas emissions are attributable to the built environment. (Source: parliament.uk)
The Landmark Climate Change Report is a desktop report, designed to enable property professionals to understand how climate change could impact a given residential or commercial property. Unlike other reports in the market, it benefits from understanding the concerns of both:
- Physical risks [flooding, subsidence, heat stress, coastal erosion]
- Transition risks [energy performance]
The report is property specific, based on a UPRN, and doesn’t stop with providing just data; delivered in an intuitive format Landmark Climate Change Report gives property professionals the ability to inform clients with advice and recommendations relating to climate change.
Who is this report for?
The Landmark Climate Change Report is for real estate lawyers and residential conveyancers¿ who want to provide best practice due diligence and inform their clients on future climate change risks
The report gives the ability to inform on short, medium and long-term physical and transitional climate-related risks for a specific property with advice and recommendations if appropriate, delivered in an intuitive format unlike current reports in the market which provide unsupported data and little explanation in every environmental report, regardless of requirements.
Further reading
Landmark asked leading experts in their property-related fields to contribute to a white paper, which sets out the physical and transitional risks that the industry faces – and proposes workable solutions to the challenge of reporting on and responding to the risks.
Read the executive summary of the Landmark Climate Change white paper here
Additionally, you can also check out a series of Landmark blog posts here:
- A duty to warn of climate-related risks
- How property lawyers can act now on climate change
- Reflections at the end of COP 27
- Climate change: there is no time left for prevarication or procrastination
- Climate change: you can’t fix what you don’t measure
Our parent company Landmark have released their Residential Conveyancing and Home Movers’ experiences in 2022 guide, revealing the experiences from both sides of the conveyancing landscape.
Within the guide, you can discover:
- The four biggest causes of delays for residential conveyancers
- Which changes would improve the buying experience most
- Levels of buyer-concern around problems arising post-purchase
- The extent to which recruitment is still a challenge in the industry
This guide is part of a series of market research analysis, conducted in late 2022, in which over 140 senior residential conveyancers and commercial real estate lawyers, along with colleagues and 501 home movers were surveyed. Over the coming weeks future reports on Digital Transformation and Climate Change will also be available.
Download the guide, explore the commonalities that may help professionals in the land and property industry to make more robust decisions in line with home movers’ needs.
This is a snippet of a blog post written by Simon Boyle, a solicitor from Landmark Information Group, reflecting on thoughts post-COP 27. To read the full post, click here.
The 27th Conference of the Parties held at Sharm el-Sheikh has drawn to a close. As with the previous COPs it has had mixed results. There was a positive development in the agreement to set up the loss and damage fund to help the poorest countries- but overall it did not deliver that which was urgently needed- a binding target on the big emitters whose economies are still mainly powered by fossil fuels. At the start of the conference Alok Sharma (President of the 26th United Nations Climate Change Conference and British Politician) warned that this was the last opportunity that world leaders had to ensure that the global temperature would not exceed 1.5 degrees c.
But with the failure to agree on binding targets, especially from the three biggest emitters China, US and India, it is looking almost certain that the critical 1.5°C goal set by the Paris COP in 2015 is not going to be achieved.
This should be ringing alarm bells across the world. We are already experiencing the effects of climate change from the 1.1°C rise that we have had so far. And of course, things will get a lot worse once we get to the 1.5°C of warming. But it is at least far better than a 2°C rise within the next 20 years.
That extra half degree additional increase may sound relatively modest but the global effects on both ecosystems and humans would be profound. For example, at 1.5°C of warming 8 % of plants will lose their habitable area but this doubles to 16% at a 2°C rise. A 1.5°C rise is predicted to destroy 70% of the world’s coral reefs but a 2°C rise will wipe them out entirely.
You can read Simon’s full post on the Landmark blog page here. To read more blogs from Landmark, click here.
FCI, the supplier of Chancel Check and Chancel Check Premium have recently imposed an increase of near 70% in the supply cost of their reports.
This increase has led to a significant price rise to both reports to enable us to continue to supply and support these reports for our customers. The new prices are listed below, and will start on the 7th November.
| Product Name | Increase in supply cost | Price After 7th November |
|---|---|---|
| ChancelCheck | +£8.20 | £31.20 |
| ChancelCheck Premium | +£32.40 | £118.40 |
We are now able to offer a low-cost alternative to our customers. Launching on the 7th November, Landmark Chancel Residential and Landmark Chancel Commercial are cost-effective screening reports designed to identify historical parishes where a continuing Chancel liability exists. You can find out more about these products by downloading the following Residential Product Card and Sample Reports:
Landmark Chancel Residential Product Card
Landmark Chancel Residential Sample Report
The prices of Landmark Chancel Residential and Landmark Chancel Commercial are as follows:
| Product Name | 0-5 Acres |
|---|---|
| Landmark Chancel Residential (ex. VAT) | £23.00 |
| Product Name | 0-3 Acres | 3-5 Acres | 5-20 Acres | 20-50 Acres | 50-200 Acres |
|---|---|---|---|---|---|
| Landmark Chancel Commercial (ex. VAT) | £26.00 | £35.00 | £46.00 | £78.00 | £165.00 |
If you have either the Chancel Check and Chancel Check Premium products as part of your customer bundle, we will automatically swap these to the more cost-effective Landmark Chancel products, and you don’t need to do anything.
Should you wish to keep the Chancel Check and Chancel Check Premium products in your bundle and are happy with the cost increase, please contact your account manager to arrange this.
To discuss your options please email intro@onesearchdirect.co.uk or get in touch with us on 0800 052 0117 and we will be more than happy to assist you.
The Q3 2022 edition of Landmark’s GB Residential Property Trends Report is now live, providing summaries of the last quarter’s residential property transaction pipeline from listings to SSTC/SSTM, and from searches to completions.
The past quarter has been something of a mixed bag for the property market: a steady trend towards pre-pandemic transaction volumes, capped by the short, sharp shock of September’s ‘mini budget’. As the after-effects play out in real time, the previous three months’ data offers some insight into how the market may fare.
Headlines from Q3 include:
- Supply overtakes demand in England and Wales, marking a reversal of the squeezed supply that has dominated in recent months.
- At the back end of the pipeline, England and Wales completions were down on the 2019 benchmark.
- Scottish completions, meanwhile, picked up in September on the back of strong SSTM volumes in the preceding months.
You can download the Cross Market Activity editions for both England & Wales and Scotland below to access the latest data and analysis on the UK property market during the third quarter of 2022. We hope you find them useful.
