tmGroup, the property search provider and conveyancing technology company, has launched tmDocAssist, its first AI-powered product.
Designed for firms handling property portfolios, it reduces the time spent reading Local Authority search results and transferring information into reports. tmGroup estimates that it could save fee-earners up to an hour per property and significantly expand firms’ capacity for billable time and enable them to deliver an enhanced service to their client base.
tmDocAssist reads CON29 and LLC1 search results, extracts relevant information, and presents it in a standardised report.
The product uses a confidence threshold to determine when a result needs human review. Where the AI cannot extract information with sufficient confidence, an experienced tmGroup search specialist checks and verifies it before the report is released to the customer.
Matt Green, CEO of tmGroup, said: “Our customers told us how much time they spend reading and rekeying Local Authority search results, property by property. We built tmDocAssist to take on that repetitive work while giving firms confidence in the information they receive. It is our first AIpowered product and an important step in our wider strategy to combine useful technology with the expertise and service our customers expect.”
tmDocAssist gives law firms another way to manage document review across property portfolios. Firms can choose a client-facing PDF report or a filterable Excel spreadsheet to suit the way their teams and clients work. The report is updated as new searches become available, helping teams keep track of progress across a portfolio.
About tmGroup
For over 25 years, tmGroup has provided property data and technology to the legal and property sectors. The group supports legal professionals, agents and lenders throughout the property transaction with flexible, best-in-class technology and search solutions, including client onboarding technology, property searches, mapping services, and post-completion tools. tmGroup serves thousands of law firms across the UK, helping them work smarter, stay compliant and deliver better outcomes for their clients.
This article was submitted by tmGroup as part of an advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the advertiser and not those of Today’s Conveyancer.
