Ministry to digitalise property data to speed up homebuying process

Project aims to enable faster information exchange among involved parties to modernise cumbersome' process

The government is planning to digitalise data shared during property sales to tackle delays in transactions and speed up the homebuying process.

Labour has announced a 12-week project to decide on the design and implementation of agreed rules on data" so that it can easily be shared between conveyancers, lenders and other parties involved in a transaction.