Property Logbooks: the Future for Conveyancing

The Grant Saw residential property team are proud to be participating in the Property Logbook scheme.

Maria Lati, Partner and Head of Residential Property at Grant Saw, took part in a panel discussion for Today’s Conveyancer last week. The discussion titled ‘Property Logbooks: what does the future hold’ was released on 27 July 2020 and can be viewed here.

The discussion covered the following points:

What are the challenges to agree a process that works for all stakeholders? How are you overcoming that challenge?

Why has your firm got involved and what have the experiences been like so far?

Is a key part of this educating stakeholders, for example estate agents, encouraging clients to instruct a solicitor whilst on the market? Where does the agent fit into all of this?

From a law firm perspective, what have you been saying to your referrers about property logbooks?

Who should pay for property logbooks?

How can logbook creators nullify the threat of fraud, particularly ID fraud?

Looking to the future, there are a few providers of property logbooks at the moment, do you think as this begins to take off, more organisations will join the market and begin to produce them? How will this be regulated?

What would you like to see happen in the next 12 months?

For more information on Property Logbooks or to discuss a residential property matter in greater detail, please email Maria or contact her on 020 8305 4229.