Home » Uncategorised »
E-conveyancing initiative reaches landmark
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Edinburgh Solicitor Property Centre claims to have reached a landmark with its new e-conveyancing service.
Entitled Central Conveyancing, the system has been developed between ESPC and BDP Software for Estate Agencies. The aim of the system is to speed up the conveyancing process, alongside providing a quick, accessible and transparent electronic record for all parties per transaction.
Testing
After being tested both on and offline by some ESPC members, the system is now to be rolled out to a wider number of offices. In a statement, the centre said, ‘this further testing will allow for a fully-developed platform to be available nationally in the near future.’[1]
‘The system we’ve created offers an unrivalled level of capability, ‘said ESPC chief executive Paul Hilton. ‘Not only has it been carefully designed to be user friendly, it has the ability to greatly improve risk management assuring all parties a secure and supported experience.’[1]
E-conveyancing initiative reaches landmark
Mr Hilton continued by stating, ‘Conveyancing Central will create a system whereby as soon as a property is marketed a new case will be automatically created alleviating the need for double keying information. Once a buyer is found all key stakeholders will have access to the case including purchasing and selling solicitors, the home seller and buyer and their legal search providers.’[1]
[1]https://www.estateagenttoday.co.uk/breaking-news/2015/7/major-milestone-reached-for-e-conveyancing-initiative
