The Law Society of England and Wales has responded to EYE’s request for comment on the government’s plans to make home buying and selling easier and quicker, after the Property Lawyers Alliance (PLA) made its position clear.
The organisation says it welcomes the proposed reforms, which it believes will help modernise the conveyancing process including increased digitalisation in order to reduce transaction delays as well as cutting down the number of transactions falling through altogether.
Law Society vice president Mark Evans said: “The Law Society is committed to improving the home-buying experience for consumers and others involved in the conveyancing process, including solicitors.
“It is encouraging to see that the government will invest time, money and energy into making transactions smoother for buyers and sellers and the professionals they work with.
“While not a silver bullet, because there are many other aspects of the home moving process that need improvement, digitalisation could be transformative in this work over time.
“We look forward to examining the government’s plans in detail, working with them on these reforms, and ensuring the voices of our members, who play a key role in the conveyancing process, are heard.”
Maria Harris, chair of OPDA, concurred: “This is a significant step forward in the modernisation of the home buying and selling process. The government’s commitment to streamlining transactions through digital property data will help create a more efficient, transparent, and cost-effective system for all, especially consumers.
“At OPDA, we have long advocated for smart, secure, and trusted data to be at the heart of this transformation, and we welcome this recognition of its importance.
“We are grateful to our members and supporters, particularly those who have worked tirelessly to develop open data standards and demonstrate their value in practice. This progress would not have been possible without their dedication.”
Property lawyers reject government’s plan to digitalise data to speed up homebuying process
Read the orginal article: https://propertyindustryeye.com/the-law-society-welcomes-governments-plans-to-reform-conveyancing-process/
