Landmark’s Q4 2024 Residential Property Trends Report is now available.
This report features the latest data on residential property transactions, including listings, SSTC/SSTM figures, search orders and completions.
The data for Q4 ‘24 confirms that 2024 achieved a stable but depressed market that lagged behind pre-pandemic levels. However, the continued healthy listings supply illustrates the potential for the market to bounce back quickly should economic conditions improve.
The disparity between supply and demand continued in Q4 ‘24. Listings volumes were up 8% compared to Q4 2019 in England and Wales, while SSTC volumes were down 33%. Seller appetite remains, but affordability constraints are likely hampering progress through the pipeline.
Other key findings from Q4 ‘24 include:
- Listing volumes in England and Wales were up 8% in Q4 ‘24 vs Q4 ‘19. In Scotland, listing volumes were up 5% in Q4 ‘24 vs Q4 ‘19.
- In England and Wales, SSTC volumes in Q4 ‘24 were down 33% compared to Q4 ‘19 volumes. SSTM levels in Scotland were only down 5% in Q4 ‘24 vs Q4 ‘19.
- Completions were down 37% in England and Wales in Q4 ‘24 vs Q4 ‘19. In Scotland, completions were down just 13% in Q4 ‘24 vs Q4 ‘19.
Download your copy of the Cross Market Activity edition for England, Wales and Scotland, which includes the latest residential property market data and insights for Q4 2024.
Landmark’s next webinar: Explore property market trends and key themes for 2025
Date: Thursday 23rd January
Time: 11.30am
Duration: 45 minutes
Why Attend?
We’ll bring you the latest findings from Landmark’s property trends data, market research, interactive Q&As, and expert discussions to equip you with actionable strategies and tactics for achieving success in the sector.
Our recent webinar ‘The Law Society Guidance on the Impact of Climate Change on Solicitors: What does this mean for solicitors?’ is now available to watch on demand.
The webinar, hosted by Landmark, focussed on The Law Society Guidance on the Impact of Climate Change on Solicitors, and was originally shown on the 4th May.
The webinar was specifically designed for solicitors as a tool to help them understand the guidance and its implications.
The session covers two main areas of the guidance.
- Firstly, reducing the climate change impact of the law firm and its clients, which includes assessing annual carbon emissions and setting targets to achieve net zero by 2050.
- Secondly, the guidance examines climate change risks, including the duties of advising and warning clients about such risks.
Our distinguished speakers are Kirsty Green-Mann, Head of Corporate Responsibility at Burges Salmon LLP, Professor Robert Lee at Birmingham University, and Simon Boyle, Environmental Lawyer at Landmark.
AGENDA:
- Summary of the Law Society Guidance and what this means for solicitors’ advice
- What’s the role that a law firm plays in reducing its carbon footprint and disclosing climate-related risks and opportunities?
- An overview of how Burges Salmon has implemented Net Zero
- Panel Discussion: What are the requirements for lawyers to fulfil the guidance and next steps for them
- Q&A
To watch the webinar on demand, please visit this page, and fill in the form.
Join us on the 31st January at 2PM for a free webinar with our partners LMS to demo their confirmly platform, showcasing some of its key features.
Robin Wells, Head of Sales Operations at OneSearch, and Travis Scholes, Commercial Director at LMS will co-host this session, detailing the confirmly platform, its key features, and how your firm will benefit from this technology.
The webinar will run for around 30 minutes, with time at the end for any questions on confirmly, and how to get started. We will also be announcing an exciting incentive for OneSearch customers during this webinar.
If you haven’t yet had the chance to try confirmly, here are some of the reasons why others are switching:
- Law firm submitted data
Information is constantly updated and checked through 1000’s of direct interactions each year.
- Simple to search
Powerful search functionality that delivers information fast.
- Indemnified service
A trusted way to reduce transactional risks.
- Easy access
Seamless integration with OneSearch
- Reduce manual intervention without reducing risk
The latest technology keeps money transfers secure through the continual use of eCOT and checked bank account data.
For any questions on confirmly from LMS in the meantime, please contact intro@onesearchdirect.co.uk
OneSearch and Armalytix are delighted to invite you to an upcoming webinar, detailing the importance of Source of Funds checks in an ever-changing, ever-demanding industry.
The webinar, hosted by Robin Wells and Sheryl Hodgson, will cover an introduction to Armalytix and their history, as well as including:
- What are the regulators saying?
- Why is Source of Funds challenging?
- How is Armalytix changing the Source of Funds landscape?
- What is Open banking?
The webinar will take place on the 27th July, at 11AM. You can sign up for this webinar here.
If you can’t make this date, but would like a recording afterwards, email us here.
Join OneSearch and Navro on the 19th May for a free webinar relating to the recent changes in the Conveyancing Quality Scheme’s (CQS) Core Practice Management Standards.
This sixty minute webinar, presented by Ian Quayle, is aimed at all residential conveyancers acting on behalf of lenders in residential conveyancing transactions. It intends to highlight important changes to CPMS relating to Part 2 of the UK Finance Mortgage Lenders Handbook.
The webinar will explore:
- An overview of structure, strategy and people management.
- Data protection compliance
- Information management and security
- New requirements for onboarding clients
- New AML and fraud risk assessments for each matter
- The need to provide information to the client concerning SDLT
The webinar will take place on Thursday 19th at 11:15AM. You can register to attend here.
If you cannot make this date, and would like to receive a webinar recording, please click here.
Conveyancers can ensure compliance and delegate time-intensive checking and re-checking of lender requirements over the transaction period by adding a Navro LC-5 Lender Check report for the lender in question to their OneSearch order.
You can read more about the changes in our most recent blog post ‘Are you ready for the new CQS changes?’ here.
Join OneSearch and CLS Property Insight on Tuesday 29th March for a free webinar detailing the impact of Japanese Knotweed on conveyancing transactions.
We are pleased to co-host this informative session to help property lawyers understand their options in addressing the issue of Japanese Knotweed on behalf of their clients.
Amongst the topics we’ll be covering will be:
- Japanese knotweed – what it is and how to spot it.
- Understanding Japanese Knotweed including latest RICS guidance.
- Law Society TA6 property information form – knotweed guidance for sellers, buyers and their legal representatives.
- CLS Japanese Knotweed Indemnity Policy – what is risks and loss events are covered.
The webinar will start at 11am, and you can register to attend at this link.
If you cannot make this date, and would like to receive a webinar recording, please click here.