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New proposals aim to make moving home easier, quicker and safer

Posted: 5th April 2017   In: Residential Conveyancing

Wide-ranging proposals to streamline the process of buying and selling homes have been put forward by the Conveyancing Association (CA).

The ideas have been published in a strategic plan entitled, Building the Framework for the Future. It follows on from the CA’s White Paper, Modernising the Home Moving Process, published last year.

The proposed measures include requiring a legal commitment when an offer is made to buy a property to reduce the number of purchases that don’t go through, and centralising the identity process to reduce the risk of fraud and money laundering.

The plan has been produced following extensive consultation with solicitors, estate agents, other property specialists and consumers.

It focuses particularly on the benefits to be gained from creating greater certainty far earlier in the home moving process. It suggests a number of ways in which this can be achieved including:

The CA says it should be possible to deliver some of these improvements with the cooperation of other industry stakeholders, and it will also be lobbying the government to secure support for changes that may require parliamentary approval.

We shall keep clients informed of developments.

Please contact Dipak Odedra or Lucie Stewart if you would like help with the legal aspects of buying or selling a home.

Posted by: Dipak Odedra
Residential Conveyancing
Berkhamsted Office