September update: housing boom, virtual tours & video tip of the month
Last month, we brought you information on the Stamp Duty changes, and interestingly, how the changes haven’t been as influential in the surge in house sales as thought. This month, further research from The Resolution Foundation confirms that the current housing boom was not caused by the Stamp Duty Holiday at all. This is good news. It clearly indicates that the housing market is in good shape and that we can expect property transactions (and therefore floor plans, EPCs, and other property surveys) to continue at good levels for the foreseeable, despite the Stamp Duty holiday coming to an end in October.
And along the same lines… one of our partners, “Made Snappy” has reported a whopping 600% increase in demand for 360-degree virtual property tours. Analytics data from Rightmove reveals that between November 2019 and June 2021, there was a huge increase in virtual tours in the UK, with 7% of lettings using it and 14% of homes for sale. This is a jump from 1% and 2% at the start of the data period.
For zPlan users, Made Snappy is a great addition to your portfolio of products, they currently have some great offers and we highly recommend you get in touch with them. In our opinion, this area of property surveying should only increase, so why not get ahead of the curve and sign up now?
Video Tip of the Month
This month’s video tip is aimed at our Energy Assessor users who need to calculate the heat loss perimeter (HLP) of a property. The floor tab within the zPlan software has lots of great features including HLP calculation. Simply select the wall you wish to highlight as HLP and the software will work its magic and automatically calculate it. This can then appear on the export of the plan, which is perfect for audits.
You can watch the video below:
We hope our monthly newsletter has continued to deliver some valuable insights. If you have any further questions, please feel free to contact a member of our friendly team. Keep an eye out for next month’s update for more great features, opportunities for our users and there’s something exciting on the horizon for our Android users so watch this space!
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