Two initiatives appear to show efforts by the conveyancing industry to make its house transaction processes quicker and more appropriate to the 21st century.
Firstly the Conveyancing Association has updated its Conveyancing Progression Training Course which is available for conveyancing industry recruits, agents and brokers.
The changes to the course have been brought about by a number of recent developments, including the increase in stamp duty charges for buyers of additional homes plus the introduction of the Mortgage Credit Directive, and detailed interpretations of the Consumer Protection from Unfair Trading Regulations.
In announcing the updated course, the CA quoted Andrew Dewar, joint senior partner at Curchods Estate Agents, who said: “For new people the course will be hugely useful. For established people like myself there is always something to learn. I think it is about as ’granular’ as you want it to be as an ‘appreciation’. You don't want to turn agents into solicitors. God forbid.”
Secondly, the technology firm Zylpha has launched a suite of eConveyancing forms that claim to “fully automate the key documentation involved in residential property sales.”
It says the forms could “finally end the costly practice of property teams mailing documents to clients for completion.” By using email rather than Royal Mail, “legal teams can now significantly speed up the process by removing the risk of mail delays or lost post” as well as cutting costs of stationery, postage and storage required in paper-based systems.