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Transforming the home buying process

17 January 2019 / Janet Paraskeva
Issue: 7824 / Categories: Features , Profession , Property
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Dame Janet Paraskeva assesses the potential digital future of the property world

  • Changing client expectation.
  • Digital transformation.

The government is pushing for change to the home buying and selling process against a backdrop of a new wave of IT innovation, artificial intelligence and digitised data.

What we don’t know is exactly what that change will be and when it will really start to be felt. But it will be different from past waves of IT development. They have left the property buying and selling process substantially unchanged, but this next wave will undoubtedly deliver that change. A summary of some of the changes are discussed below.

Better informed choice

A key transformation is the provision of better information to potential clients as they choose their conveyancer.

Along with all the other legal sector regulators and in close coordination with them we have developed new rules and guidance on information that must be made available to consumers as they shop around.

Inevitably a lot of the conversation

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MOVERS & SHAKERS

Quinn Emanuel Urquhart & Sullivan—Andrew Savage

Quinn Emanuel Urquhart & Sullivan—Andrew Savage

Firm expands London disputes practice with senior partner hire

Druces—Lisa Cardy

Druces—Lisa Cardy

Senior associate promotion strengthens real estate offering

Charles Russell Speechlys—Robert Lundie Smith

Charles Russell Speechlys—Robert Lundie Smith

Leading patent litigator joins intellectual property team

NEWS
The government’s plan to introduce a Single Professional Services Supervisor could erode vital legal-sector expertise, warns Mark Evans, president of the Law Society of England and Wales, in NLJ this week
Writing in NLJ this week, Jonathan Fisher KC of Red Lion Chambers argues that the ‘failure to prevent’ model of corporate criminal responsibility—covering bribery, tax evasion, and fraud—should be embraced, not resisted
Professor Graham Zellick KC argues in NLJ this week that, despite Buckingham Palace’s statement stripping Andrew Mountbatten Windsor of his styles, titles and honours, he remains legally a duke
Writing in NLJ this week, Sophie Ashcroft and Miranda Joseph of Stevens & Bolton dissect the Privy Council’s landmark ruling in Jardine Strategic Ltd v Oasis Investments II Master Fund Ltd (No 2), which abolishes the long-standing 'shareholder rule'
In NLJ this week, Sailesh Mehta and Theo Burges of Red Lion Chambers examine the government’s first-ever 'Afghan leak' super-injunction—used to block reporting of data exposing Afghans who aided UK forces and over 100 British officials. Unlike celebrity privacy cases, this injunction centred on national security. Its use, the authors argue, signals the rise of a vast new body of national security law spanning civil, criminal, and media domains
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