Exciting changes are on the horizon in the world of property transactions. The Law Society is consulting with conveyancers and key industry stakeholders on a new draft code for signing and exchanging property contracts. At Inspire Legal, leading solicitors in Scarborough, we believe in embracing progress and supporting legal tech to catch up with other industries. We’ve been vocal about these changes for a long time, it’s been frustrating for clients and lawyers, great to finally see progress.
The draft code aims to remove the uncertainty around exchanging contracts for commercial and residential property by allowing us to use new technology to conduct transactions.
The Law Society is consulting on proposed changes with conveyancers and key industry stakeholders to make sure it is useful, actionable and improves the client experience.
Inspire Legal supports improvements to ease transactions, using AI safely and continuously upskilling our workforce to make our client’s lives easier.
Read the full details of the draft code here: https://www.lawsociety.org.uk/topics/property/code-for-signing-and-exchanging-property-contracts
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