How conveyancers can reduce the risk of mortgage fraud
According to Action Fraud, there are a number of ways in which mortgage fraud can occur and conveyancers, who act for both the purchaser and mortgage lender, have a duty to carry out KYC and AML checks that reduce risk and help them stay compliant. Some of the most common methods of fraud are listed […]
Tomorrow’s Conveyancers: Adapting to the New Digital Trends
The UK conveyancing industry is evolving rapidly due to advancements in technology, shifts in client expectations, and changes in work practices. Future conveyancers will operate in a landscape vastly different from today, requiring new approaches in recruitment, processes, leadership, technology, and customer service. This article explores the key trends likely to shape the future of […]
Could Using the Right Regulatory Technology Improve Your PII Costs?
Could Using the Right Regulatory Technology Improve Your PII Costs? Professional Indemnity Insurance (PII) is a crucial safeguard for legal professionals, protecting them against claims of negligence or errors in their services. For conveyancers, PII is essential as it covers legal costs and any damages awarded, ensuring their financial stability in the face of potential […]
Upfront Information Requirements in UK Conveyancing: How Tech Solutions Can Help
The conveyancing landscape in the UK is undergoing significant changes with the introduction of new upfront information (UFI) requirements. These changes aim to make property transactions more transparent, efficient, and less prone to delays. For conveyancers, adapting to these new requirements could be crucial. Leveraging technology can not only help meet these requirements but also […]
