The CLC is part of the Digital Property Market Steering Group of property industry bodies that are working together with HM Land Registry. The aim is to build on existing progress across the home buying and selling system to find ways to implement further improvements.
You might have heard of the idea of “upfront information”. By this we mean having all the information useful to making a buying decision available at the start of the process.
To help us understand the barriers to adoption of upfront information we have developed a short survey and your input will be very helpful.
The survey should take 5-8 minutes to complete and will be live until 7th July 2023.
NB The survey refers to, among other things, “Due diligence information – e.g. conveyancing information”. This means:
- Title and title plan and documents referred to therein
- Local Search
- Water and Drainage Search
- Environmental Search
- BASPI (or PIQ and TA6, TA7)
Many thanks for your help with this important work.
One Response
Please make sure the Local Search is an OFFICIAL one as the personal ones have too many errors in.
But in a nutshell, we already have upfront information – it’s called the contract pack.
Instead, what is actually needed now is simply:
a. regulation of who is permitted to call themselves a ‘conveyancer’ and be allowed to even touch a client’s file
b. estate agents who have an imposition (such as the EPC) to require the seller to instruct their conveyancer at the point of marketing
c. UK Finance to accept Local Search delay insurance
d. contract packs can only be accepted by a buyers lawyer if it is accompanied with a certificate from the seller’s conveyancer that they have read the TA6 and have requested from the seller every document that each reply would necessitate