Search Acumen updates commercial real estate software

February 26, 2019
Share this Post: 

Search Acumen, a proptech company focused on data insight, has recently updated the commercial real estate software it offers to help sift out the risks that come with property transaction.

The ForeSite platform now provides users with access to the Public Rights of Way data held by all 326 local authorities in England and Wales. The data covers footpaths, byways, restricted byways and bridleways open to the public throughout England and Wales.

Search Acumen claims that this is the first time that conveyancers and commercial property lawyers have been able to examine PRoW datasets as part of the real estate due diligence process.

According to the company, this feature “acts as an early warning system to notify clients – including investors and developers – of potential risks to a property transaction before they commit to a purchase”.

Founded in 2013, the Kent-based business develops data tools for conveyancers, solicitors and commercial property lawyers across the UK.

Andrew Lloyd, managing director of Search Acumen, said: “Public rights of way are a national institution enjoyed by millions of people, but they can also be a deal breaker for property developers and seriously impact the suitability of a property or piece of land they’re looking to purchase.

“By offering them a quicker path to full and instant disclosure of this information through our ForeSite platform, we’re equipping professionals with critical insights at the earliest opportunity – potentially even before a transaction has begun to progress.”

Read more here

Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.

Bkk 2019 Ppw Banner 02062019

February 26, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Investment And Funding Roundup 19 July 2024
Investment and Funding Roundup: Lhoopa, StudentTenant, Renters.pl

We've spotted three significant funding and investment movements this week, from an $80 million round in South Asia and two...

Read More
Product Roundup 19 July 2024
Product Roundup: SeLoger, SMG, OnTheMarket, Zoopla, BCG, ViewIT

We've spotted six interesting stories around the world in this week's Product Roundup, including some healthy competition in the UK....

Read More
Costar And Realtor.com
Move Inc. Files Injunction Request Against Unimpressed CoStar

Move Inc. has filed a motion for a preliminary injunction against CoStar and its former employee James Kaminsky from "any...

Read More
Carousell
Carousell Losses Shrank 40% in 2023 as Recommerce Business Grew

The Southeast Asian e-commerce and classifieds operator Carousell saw revenue rise by 40.5% year-on-year in 2023 according to newly released...

Read More

Editor's Pick