Under current legislation, as set out in the Consumer Protection from Unfair Trading Regulations 2008, estate and letting agents have a legal obligation not to omit material information from property listings. But current practices around disclosure are not consistent across the industry. For most people, the journey to buying or renting a new home –...
Buying a home is amongst the three most stressful life events, along with death and divorce. The average transaction in England and Wales takes 22 weeks, putting many people off. So, we strongly advise that, to improve the process, the seller kicks off conveyancing on ‘day one’ of marketing the property and the buyer has...
The HBSG is pleased to announce that following the public release of v2.0 of the Property Data Trust Framework, the technology group has formed an independent industry body, the Open Property Data Association (OPDA), for companies revolutionising the property industry through data collaboration. OPDA’s mission is to foster innovation, trust, and industry-wide collaboration and to...
I’m a huge fan of technology. I love digital and the potential it has to deliver new and innovative products and customer experiences. So much so, that after designing and launching the UK’s first digital mortgage with Atom bank, I realised just how poor the rest of the homebuying experience can be and wanted to...
Latest step in digital conveyancing evolution The Property Data Trust Framework, a set of open and free-to-use data standards developed collaboratively across the property industry by the Home Buying and Selling Group (HBSG), has announced a new update which advances its mission to unlock the potential of digital conveyancing. This latest update allows answers to...
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