How will new conveyancing technology impact property transaction times and investor profitability in the UK?
Quick Answer
New conveyancing technology, such as digital ID checks and smart contracts, is poised to significantly reduce property transaction times and costs, enhancing investor profitability by mitigating delays and standardising processes.
About This Topic
New conveyancing tech in the UK could slash property transaction times from 12-16 weeks and reduce costs, boosting investor profitability and reducing fall-through risks.
This question is part of our Market Analysis category, providing expert guidance on UK property investment.
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