Government housing reforms backed by big Build To Rent player
Summary
The article reports support from Lloyds Living for the government’s proposed housing market reforms, which focus on digitising the homebuying process, introducing upfront sales packs, and creating earlier binding agreements. It also highlights planned changes such as a new code of practice for estate agents, mandatory qualifications, and greater use of digital identity checks, e-signatures and AI-assisted conveyancing.
Why it matters
These reforms could change how residential transactions are prepared, evidenced and progressed, affecting the information surveyors may need to provide and the timing of due diligence. Surveyors involved in sales, valuations and transaction support should monitor the move toward more standardised upfront disclosure and digital workflows.
Key points
- Lloyds Living has backed the government’s housing market reform proposals.
- The package includes upfront sales packs, digitisation and earlier binding agreements.
- A new code of practice and mandatory qualifications for estate agents are proposed.
- Digital property logbooks, e-signatures and AI-assisted conveyancing are part of the planned shift.
- The reforms aim to reduce fall-throughs, delays and transaction costs.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
