The Conveyancing Improvement Collective (CIC) – Coming to a town near you
Summary
The article argues that residential property transactions remain too slow and prone to fall-throughs, with delays driven by avoidable friction between agents, conveyancers, lenders and other parties. It introduces the Conveyancing Improvement Collective (CIC) as a collaborative forum aimed at identifying practical process improvements rather than assigning blame.
Why it matters
Residential surveyors are part of the wider home-moving chain, so prolonged transaction times and fall-throughs affect workload, cashflow and client experience. Any initiative that improves information flow and reduces avoidable delay can have a direct impact on survey instructions, reporting timelines and transaction completion rates.
Key points
- Transaction times are reported as lengthy, with fall-through rates still high.
- The article says avoidable delays often arise from poor information, unclear chain details and inconsistent lender requirements.
- The CIC is presented as an industry-led effort to improve the conveyancing process through collaboration.
- Government reform is welcomed, but the article argues most improvement must come from the industry itself.
- The next CIC meeting is scheduled for Leeds on 25 November.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
