Andrew Lloyd, Managing Director of Search Acumen, comments on his Directorship of the UK Proptech Association

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14 May 2018

Search AcumenFrom Legal Futures’ Associate Search Acumen.

“As a founding member of the UK Proptech Association, I am excited to be taking a seat on the organisation’s Board of Directors alongside other digital pioneers in the sector and getting down to work to support our burgeoning sector. The time is now for the property industry to coalesce around a trade body that is focused on how technology will play a pivotal role in how properties are transacted across both residential and commercial markets.

“It is undeniable that proptech is moving from buzzword to a widespread movement for change. As such, it is important that the growth and development of proptech firms is supported by a dedicated body that can champion the practical benefits to conveyancers, commercial property lawyers, estate agents, developers, financial professionals, planners, homebuyers and investors.

“Today, the property industry is facing huge challenges and it is essential that we work together innovatively to tackle chronic inefficiencies driven by outdated processes. Search Acumen has been committed to this vision from day one and we’re delighted to be at the forefront of an industry-wide movement. By harnessing cutting edge developments and emerging technologies, we can revolutionise the industry through collaboration, ensuring its success in the decades ahead.”

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Legal Futures Blog

The digital deed: what will the digital mortgage mean for property transactions?

Andrew Lloyd 2017

Over the past 20 years, nearly all aspects of our financial lives have migrated online, from tax returns to banking. Yet arguably the most important and protracted financial process in our lives has remained doggedly devoted to the paper based world. A single signature in Rotherhithe, south-east London, on 4 April, however, may have just lit the touch paper for transforming this process. By signing the UK’s first ever digital mortgage through the government’s new “sign your mortgage deed” service, a signal was sent that the home-buying process is finally on course to be digitised, simplified and streamlined.

May 24th, 2018