Property reports platform Sprift has joined the effort to reform the sales progression process with a new tool that enables agents to instantly share information with third parties.
The industry, tech firms, Land Registry and the ministry of housing are all trying to solve the conundrum of how to speed up the pre-exchange data gathering exercise.
This can take solicitors weeks to complete often leaving agents, buyers and vendors in the dark about progress, a frustration amplified by the current stamp duty-driven sales boom.
The Sprift dashboard provides some 100 data points for all of the UK’s 28 million homes. This includes title plans, planning history, EPCs, photos, floorplans, conservation areas and flood risks, as well as the necessary legal and protocol forms.
Local Authority searches
“Sprift doesn’t replace the need for Local Authority searches – instead, it provides details of the planning history for the target property and nearby properties, all geo coded,” says CEO Matt Gilpin (main pic).
“The feedback from agents and conveyancers is that the Sprift data highlights things they need to know and delve into further, whilst potentially waiting for searches, saving them time in the long run.
“Conveyancers also comment that having access to all of the property’s marketing information and correct streetview immediately gives them a better feel for the property.”
Paul Rolfe, owner at Scottish agency Paul Rolfe Sales and Lettings, says: “Better communications and upfront information are the way forward when it comes to speeding up the property buying process.”
Angelo Piccirillo, partner at AVRillo Conveyancing, adds: “We are determined to seek out game-changing technology to make the client experience a better one. Anything that supports a more transparent procedure has to be to the benefit of all parties.”