Electronic conveyancing could become a key feature of the UK property market within two years and be the prevalent method for buying and selling property within 5-7 years.
This would ensure the speedy occupation and sale of premises, writes Bruce Dear, director of commercial property, at law firm Klegal in the Financial Times.
A new bill reforming land registration law and facilitating electronic conveyancing is due this year and a steering group has been created to oversee the introduction of the scheme in England and Wales
References: Financial Times 05/02/01 page 18
