Search Acumen doubles market share

The company, which was delivering 2.5% of all searches on residential property in October 2014, is now the data supplier of choice for 5% of the market.

It has also laid out ambitious plans to secure a 5% share of commercial property searches by October 2016, as well as delivering 7.5% of all residential searches.

To support this aim, Search Acumen this week unveiled its new-look brand – focused on the promise of ‘essential data, simply delivered' – and is already planning a series of new products and services for 2016.

Mark Riddick, chairman of Search Acumen, said: "We've shown for the second year running that there is an appetite for something new in the market, and we're thinking ahead by offering conveyancers a simpler way to access essential data.

"Searches are only a small part of their workload, but that's no reason to accept interruptions or incomplete results as a fact of life. For one in twenty residential searches across the entire market, we're proving that's no longer the case.

"It's perfectly possible to consign these frustrations to the past, and our know-how means we can use the available technology and data in a way that gives conveyancers no more or less information than they need.

"By being proactive and keeping things simple, we can help them focus on what really matters to their businesses, which is greater efficiency, certainty and keeping their own clients happy.

"We're excited to keep innovating in 2016 and pushing the boundaries with new ways to support the conveyancing process."