Posts with tag: e-conveyancing

E-conveyancing initiative reaches landmark

Published On: July 22, 2015 at 9:19 am

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Categories: Landlord News

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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

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