Industry leader calls for voluntary property reform charter
Original Article Summary
Roxanne Barker of Fix My Legals has called for a voluntary industry-led charter to reform property transactions rather than waiting for government intervention. The proposal comes amid concerns that legislative reform may not materialise during the current parliamentary term, with completion times reaching 29 weeks in 2025 according to TwentyEA data. The post Industry leader calls for voluntary property reform charter appeared first on PropertyWire.
PropMatch Curated Analysis
Fix My Legals CEO advocates for voluntary property transaction reform charter focusing on conveyancing improvements rather than waiting for government legislation, proposing transparency measures and auction-style processes to reduce completion times.
Investor Relevance
Transaction speed and costs directly impact investor acquisition strategies, holding costs, and deal viability. Conveyancing delays can derail time-sensitive purchases and increase financing costs during extended completion periods.
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