I’m bringing the property industry together to improve conveyancing – will you join us?
Summary
The article argues that conveyancing delays are being driven by inconsistent legal enquiries and complexity rather than issues with the property itself. It introduces the Conveyancing Improvement Collective, a practitioner-led initiative aimed at reducing unnecessary enquiries and addressing leasehold issues such as Mortgagee Protection Clauses, with input from agents and other property professionals.
Why it matters
Residential property surveyors often see the downstream effects of conveyancing delays, including stalled transactions and frustrated clients. The issues highlighted are relevant to surveyors because they affect transaction timelines, leasehold interpretation, and the wider efficiency of the home buying and selling process.
Key points
- Average sale progression from offer agreed to exchange is reported as over 100 days, with leasehold transactions taking around 155 days.
- The article highlights wide variation in the number of enquiries raised on the same contract pack by different firms.
- The Conveyancing Improvement Collective aims to reduce unnecessary enquiries and clarify Mortgagee Protection Clauses in leases.
- The initiative seeks input from agents and other property professionals, not just conveyancers.
- The Government’s roadmap for improving the home buying and selling process is presented as an opportunity for change.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
