Partnership accelerates adoption of AI in conveyancing

Property data, insight and technology provider, Search Acumen, has partnered with Avail, a title document risk analysis platform for real estate lawyers, powered by Artificial Intelligence (AI). The collaboration marks another step forward in digitalising the property sector.

This new alliance aims to embed technology with the common goal of helping property lawyers by digitally automating tasks to increase efficiency, save time and reduce costs.

Avail specialises in using artificial intelligence to assess legal risk on property titles. Its AI platform is designed to simplify the search, purchase and analysis of HM Land Registry (HMLR) title documents, producing a range of instant client friendly reports. It also accelerates property scoping with cutting edge tools such as an instant digital PN1 search. Avail’s web-based, user-friendly interface makes it an efficient and accessible tool for conveyancers.

Search Acumen also uses AI to its advantage within its end-to-end digital due diligence platform for residential and commercial property transactions. Its technology currently captures over 500 layers of essential property data, digitally and on-demand, allowing conveyancers to analyse transaction sites and portfolios with ease. Search Acumen’s has calculated that the average conveyancing firm stands to save 115 hours a month through automation.

Andrew Lloyd, Managing Director at Search Acumen, comments: “Entering into this exciting new venture with Avail will enable us to accelerate our vision to increase digitisation across the sector.”