The amount of time between the sale of a property and the registration of this information with HM Land Registry varies. It typically ranges between two weeks and two months. Data for the two most recent months is therefore incomplete and does not give an indication of final monthly volumes. Occasionally the interval between sale and registration is longer than two months. The small number of sales affected cannot be updated for publication until the sales are lodged for registration. 1 was of a residential property in Birmingham for £1 million and over Mobile (5:30pm to 8:30am weekdays, all weekend and public holidays) 07864 689 344 This month’s Price Paid Data includes details of more than 90,000 sales of land and property in England and Wales that HM Land Registry received for registration in March 2018. Semi-detached 22,040 20,725 29,282 The most expensive residential sale taking place in March 2018 was of a detached property in the Barnet, Greater London for £15,000,000. The cheapest residential sale in March 2018 was of a terraced property in Bishop Auckland, County Durham for £20,000.The most expensive commercial sale taking place in March 2018 was in the City of London, for £154,000,000. The cheapest commercial sale in March 2018 was in Bury St Edmonds for £100.Access the full datasetNotes to editors Detached 20,144 19,174 25,932 Other 6,811 6,046 7,953 Property type March 2018 February 2018 January 2018 Contact Press Office Flat/maisonette 18,253 17,842 22,887 Total 90,284 85,249 116,795 Trafalgar House1 Bedford ParkCroydonCR0 2AQ HM Land Registry is a government department created in 1862. It operates as an executive agency and a trading fund and its running costs are covered by the fees paid by the users of its services. Its ambition is to become the world’s leading land registry for speed, simplicity and an open approach to data. In the dataset you can find the date of sale for each property, its full address and sale price, its category (residential or commercial) and type (detached, semi-detached, terraced, flat or maisonette and other), whether it is new build or not and whether it is freehold or leasehold.The number of sales received for registration by property type and month Follow us: on [email protected], our blog, LinkedIn and Facebook. HM Land Registry has been collecting information on Category A sales from January 1995 and on Category B sales from October 2013. Price Paid Data is published at 11am on the 20th working day of each month. The next dataset will be published on Wednesday 30 May 2018. For further information about HM Land Registry visit www.gov.uk/land-registry. 275 were of residential properties in Greater London for £1 million and over Price Paid Data categories are either Category A (Standard entries) which includes single residential properties sold for full market value or Category B (Additional entries) for example sales to a company, buy-to-lets where they can be identified by a mortgage and repossessions. Of the 90,284 sales received for registration in March 2018: 4 were of residential properties in Greater Manchester for £1 million and over There is a time difference between the sale of a property and its registration at HM Land Registry.Of the 90,284 sales received for registration, 25,075 took place in March 2018 of which: 16,355 were newly built, a 10% increase on March 2017 Phone (Monday to Friday 8:30am to 5:30pm) 0300 006 3365 HM Land Registry safeguards land and property ownership worth in excess of £4 trillion, including around £1 trillion of mortgages. The Land Register contains more than 25 million titles showing evidence of ownership for some 85% of the land mass of England and Wales. Price Paid Data is property price data for all residential and commercial property sales in England and Wales that are lodged with HM Land Registry for registration in that month, subject to exclusions. Price Paid Data can be downloaded in text, CSV format and in a machine readable format as linked data and is released under Open Government Licence (OGL). Under the OGL, HM Land Registry permits the use of Price Paid Data for commercial or non-commercial purposes. However, the OGL does not cover the use of third party rights, which HM Land Registry is not authorised to license. Email [email protected] 463 were of residential properties in England and Wales for £1 million and over HM Land Registry’s mission is to guarantee and protect property rights in England and Wales. The Price Paid Data report builder allows users to build bespoke reports using the data. Reports can be based on location, estate type, price paid or property type over a defined period of time. Terraced 23,036 21,462 30,741 65,558 were freehold, a 3.4% decrease on March 2017
31SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Meredith Deen Meredith Deen is the President of FMSI. FMSI provides easy-to-use, yet sophisticated, business intelligence and performance management systems that facilitate efficient staff scheduling and lobby management of the branch. She … Web: www.fmsi.com Details FMSI recently published the 2016 Retail Branch Lobby Study of approximately 780,000 lobby interactions performed in the 3rd quarter of 2015. In our analysis, we found that, since our last Lobby Study in 2013, wait times increased from five minutes and eight seconds to seven minutes and six seconds and the number of visitors who left the branch unassisted (‘abandons’) increased by nearly 12%.FMSI defines ‘abandonment rate’ as the proportion of unassisted visitors to the total number of visitors. When we deep-dived the abandonment rate numbers, the data revealed 55% of the organizations had rates in excess of 5% and 11% had rates over 10%—indicating that many organizations have costly service anomalies in their branches.Just how much this is costing many institutions remains a mystery. However, deriving a cost-basis for each visitor who walks out the door unassisted, in the following simplified example, may be a jaw-dropping revelation to those responsible for the bottom-line of a branch network.Assume a 10-branch bank with an average abandonment rate of 10% across all branches. Let’s say these branches are moderately busy with a total of 200 visitors (20 per branch) visiting to speak to a sales person each day. If 10% of the 200 don’t get assisted, that’s 20 lost opportunities for the organization. If instead of leaving unassisted, these 20 were assisted, and of those 20, 25% (five visitors) resulted in new sales, the organization would have five more sales per day, 25 more sales per week (assuming a five-day work week), 100+ sales per month and 1200+ sales per year! If each sale on average is worth a modest $100 in additional revenue, eliminating abandonment rates could translate into an additional $120,000 in annual revenue.Reducing or Eliminating Abandonment Rates through TechnologyWith nearly a countless number of financial services competitors out there, gone are the days where account holders will tolerate a poor branch experience. If their wait times are excessive, they will not only leave the branch without being assisted, they also may never come back. Institutions can drastically reduce the chances of losing customers to poor branch service when they proactively invest in the following technologies.Appointment Scheduling SoftwareAn appointment booking system not only benefits the visitor by allowing them to define a time where they will be served by a qualified staff member, it also enables the branch scheduling administrators to schedule the right employees, with the right skills at times appointments have been booked. Additionally, appointment setting systems provide valuable insight into visitor’s top-of-mind interests, because a visitor who books an appointment will indicate what product or service they’re interested in discussing, which provides useful insight into what’s driving visitor behavior for marketing to leverage.Lobby Tracking SoftwareA lobby tracking system can provide actionable data by measuring the amount of time each visitor waits, and how long they were assisted by a representative. Sophisticated systems like this also allow users to quickly identify visitors who left the branch unassisted and flag them for follow up. With this information, institutions can establish realistic service goals and ‘inspect what they expect.’Lobby Wait Time WidgetsLobby wait time widgets produce and display a readily available estimated wait time on an institution’s website or mobile app—helping account holders to gauge whether or not they have enough time to visit a branch. This widget is especially useful when the aforementioned appointment scheduling software is readily available when the estimated wait times are undesirable.Scheduling Employees to Forecasted TrafficLabor costs are by far the largest non-interest operating expense in the branch network, especially when considering the higher paid lobby service representatives. Having these frontline staff members staffed appropriately, with an online scheduling solution, to the demand of the branch network—by day of week, and hour—leads to significant savings. Many executives can relate to the feeling of walking into a branch and witnessing two or three employees chatting away by their desks with no customers in sight. The excess waiting for work times, associated with improper scheduling, can often add up to sizable expenses.For the institutions who are investing less in the branch every year, while spending more in online and mobile channels, I would like you to consider this. According to a recent NCR study, approximately 80% of all banking product sales are still closed at a branch. With costly abandonment rates on the rise, it’s imperative that institutions leverage the right technology in the branch to maintain an edge in the competitive service landscape.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Two men were found dead after their boat capsized in the Long Island Sound off the coast of Port Jefferson, Suffolk County police said.A boater alerted the U.S. Coast Guard that there was an overturned 20-foot Aquasport center console in the Sound just west of the Port Jefferson Channel at 3:35 p.m. Tuesday, authorities said.Coast Guard officials responded and recovered the body of Charles Petrie, 80, of Holtsville.Suffolk County police Marine Bureau officers also responded and helped the Coast Guard find James Bilello, 73, of Bay Shore, near the lighthouse at the end of Old Field Road in Old Field on Wednesday morning.Marine Bureau officers impounded for a safety check. Homicide Squad detectives are continuing the investigation.