The Residential Logbook Association (RLBA) has issued a statement welcoming the government’s Levelling Up Report and in particular the clear support for encouraging property vendors to prepare detailed sales information about their property “upfront” and prior to listing.
RLBA, the trade association for companies working to create a consistent and regulated basis for residential logbooks to be integrated into the different aspects of the property industry, says that its members have created a proposed Sales Information Pack (SIP) as the pack can be produced via simple output from an RLBA accredited Property Logbook.
“RLBA accredited Logbooks are a logical and straightforward way to provide the information required by the SIP and can be set up before the sale process has started to help speed up the homebuying and selling process“, said the association.
Where Logbooks haven’t yet been set up, the RLBA says, a vendor will be able to construct a SIP via estate agent and portal web sites and CRMs.
Nigel Walley, RLBA Chair and MD of Logbook company Chimni said
“The RLBA believes that, over time, Property Logbooks will become the primary source for the Sales Information Packs, as the data required to complete them is part of the wider data set included in the RLBA data* specification.”
RLBA Logbook members are now working to ensure Logbooks can output SIPs that conform to a variety of data formats including the BASPI and the Law Society protocol forms, however its members support the rapid move away from “forms” towards structured, machine-readable data. It is thought that dissemination of the data in a SIP will become increasingly seamless as its members integrate their Logbooks with estate agent and conveyancer CRMs.
Anthony Codling, MD of Logbook company Twindig said:
“Property Logbooks are much more than a Sales Information Pack, serving as both a user manual and service logbook allowing a homeowner to efficiently manage and run their home though the whole period of their ownership, not just when they are looking to make the selling process easier.”
