• Don’t wait to get your property sales settled electronically



    Author: Landgate

    As with most other things in life, buying and selling property has been moving towards being a digital process and you’ll be pleased to hear that the conveyancing aspect of the sale has undergone a quiet revolution.

    Over the past three years there’s been a steady shift from paper based-registrations to electronic land transfers on the PEXA platform.

    From the conveyancer’s point of view, electronic conveyancing offers greater control over the process, meaning the settlement is less likely to be delayed. It allows funds to be cleared and disbursed faster, resulting in efficiencies all round.

    Buyers and sellers can download an app and watch the whole process from the comfort of their smartphones, when traditionally they’ve known the transfer has happened only right at the end.

    From 1 May 2018, all eligible discharges, transfers, mortgages, caveats and withdrawal of caveats must be lodged electronically resulting in benefits for your clients, either buyer or seller.

    The benefits of electronic conveyancing are immediate, so have the conversation with your preferred settlement agent today, and bring your buyers and sellers into the digital future.

    For more information, visit Landgate’s website.         

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