Stephen Ward, director of strategy at the Council for Licensed Conveyancers (CLC), considers how proptech companies are seeking to fundamentally change all aspects of the property acquisition process. He looks at online estate agency Purple Bricks, online conveyancers Juno and Keyzee, and Shieldpay, which is using technology to tackle fraud.
He concludes by saying that
“For a regulator such as the CLC, the potential of technology to improve the property buying process is exciting … It is not a golden bullet but we believe that positive engagement with these new players in the market will benefit us all.”
Mortgage Finance Gazette