Digitising house-buying process eyed as way to speed up transactions Digitising more of the house-buying process is being explored by the government as a way to speed up transactions.
A "fully digitalised" home buying and selling process would mean mortgage companies and surveyors can access the information they need immediately with identity checks only carried out once, the Ministry of Housing, Communities and Local Government said.
Mr Pennycook said in announcing the plans: "Our modernisation of the system sits alongside further reforms to improve the lives of leasehold homeowners across the country, allowing them to more easily and cheaply take control of the buildings they live in and clamp down on unreasonable or extortionate charges.
"These reforms build on the government's Plan for Change to deliver higher living standards and 1.5 million safe and decent homes in this parliament, and our ongoing efforts to protect leaseholders suffering from unfair and unreasonable practices as we work to end the feudal leasehold system for good.".
Rightmove chief executive Johan Svanstrom said: "Digitising the property market is key to helping speed up the moving process.
