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Transforming the home buying process

17 January 2019 / Janet Paraskeva
Issue: 7824 / Categories: Features , Profession , Property
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Dame Janet Paraskeva assesses the potential digital future of the property world

  • Changing client expectation.
  • Digital transformation.

The government is pushing for change to the home buying and selling process against a backdrop of a new wave of IT innovation, artificial intelligence and digitised data.

What we don’t know is exactly what that change will be and when it will really start to be felt. But it will be different from past waves of IT development. They have left the property buying and selling process substantially unchanged, but this next wave will undoubtedly deliver that change. A summary of some of the changes are discussed below.

Better informed choice

A key transformation is the provision of better information to potential clients as they choose their conveyancer.

Along with all the other legal sector regulators and in close coordination with them we have developed new rules and guidance on information that must be made available to consumers as they shop around.

Inevitably a lot of the conversation

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MOVERS & SHAKERS

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

NEWS
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Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
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