The Conveyancing Association (CA) is launching a lender survey to identify areas where the industry can collaborate to improve the mortgage and conveyancing process.
Each year, the trade body for the conveyancing industry asks conveyancers to complete the survey which includes questions that rate lenders’ waiting and response times, consistency of reply, clarity of mortgage instruction, and follow-up actions.
The CA also asks conveyancers to provide information on raising post-offer queries, receiving amended offers or those which were withdrawn, and the nature of this activity, so that it can identify how much time the material information could save its members and lenders.
Previous iterations of the survey have enabled the CA to work with property industry stakeholders including surveyors, valuers, valuation panels, valuation software providers, RICS and lenders to share working practices and identify how post-offer queries might be reduced. The outcome of this is now being delivered by the HBSG Property Data Trust Framework Group which will support the interoperability of data and the authentication of the provenance of the data.
The latest survey is open until 20 June and the trade body is urging all its member firms, as well as the entire conveyancing industry, to complete the questions in order to provide results on what is happening across the sector. The full results of the survey are to be collated and discussed with lenders and the Land Registry at the CA’s member meeting, taking place in London on the 6 July.
Director of delivery at the CA, Beth Rudolf, said: “Previous work in this area has allowed us to meet with lenders, run workshops, plus engage with other stakeholders on the positive changes required in order to deal specifically with post-offer queries and how best to reduce their number.
“As a result of this, the work being undertaken by the Property Data Trust Framework Group will make a huge improvement for all in the home-moving process.
“This year we will be collating the results in double-quick time in order to have a full and frank roundtable discussion with a number of lender representatives at our 6 July meeting in London, and again we want to ensure as many members as possible join us to take part in this.
“Providing evidence from the ‘coal face’ of conveyancing is absolutely vital and will allow us to continue to collaborate as an industry to improve the mortgage and conveyancing process for all.”
Latest News
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories