Listen "Lunchtime Learning with Nicky Heathcote"
Episode Synopsis
"Speeding Up the Home Buying Process: Lessons from Australia"In this episode, I am joined by Nicky Heathcote, Chair of the Conveyancing Association, to discuss ways the UK home buying and selling process can be improved.Nicky shares insights from her recent trip to Australia, where the PEXA digital platform has streamlined the settlement and lodgment aspects of transactions. She explains how increased transparency and communication between agents, conveyancers, and lenders could make a big difference in the UK.We also explore other potential solutions, like upfront information packs and reservation agreements, that could help reduce frustrating fall-throughs. Nicky provides a conveyancer's perspective on why fees and processes need to change to deliver a better customer experience.Additionally, Nicky discusses how emerging technologies like AI are starting to automate tasks and speed up the conveyancing workflow.If you're a home buyer, seller, agent, or conveyancer looking to understand how the system could be improved, this is an insightful discussion you won't want to miss.
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