header-logo header-logo

Transforming the home buying process

17 January 2019 / Janet Paraskeva
Issue: 7824 / Categories: Features , Profession , Property
printer mail-detail

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

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Hugh James—Phil Edwards

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS
Commercial leasehold, the defence of insanity and ‘consent’ in the criminal law are among the next tranche of projects for the Law Commission
Tech companies will be legally required to prevent material that encourages or assists serious self-harm appearing on their platforms, under Online Safety Act 2023 regulations due to come into force in the autumn
The Bar has a culture of ‘impunity’ and ‘collusive bystanding’ in which making a complaint is deemed career-ending due to a ‘cohort of untouchables’ at the top, Baroness Harriet Harman KC has found
Lawyers have broadly welcomed plans to electronically tag up to 22,000 more offenders, scrap most prison terms below a year and make prisoners ‘earn’ early release
The ex-wife of a Russian billionaire has won her bid to bring her financial relief claim in London, in a unanimous Court of Appeal decision
back-to-top-scroll