Landmark Legal, the property, land and environmental data specialist, has today announced its role as one of the founding members of a brand new trade body for the property search industry; The Conveyancing Information Executive (CIE).
Having announced its intention to withdraw membership from the Council of Property Search Organisations in 2019 to establish a new set of search report standards, Landmark Legal has co-founded the CIE.
With the conveyancing industry poised to further adopt technology and digital approaches to enhance the property transaction process, Landmark Legal believes that robust data integrity and accuracy is required to form the foundation of any progressive technological advancement.
The CIE therefore provides a rigorous and transparent approach to property search governance standards, which is built on a solid foundation of data integrity. All members will adhere to the CIE Standards, which set new industry best practice regarding the content and data quality standards in property searches, in addition to the supply of responses to searches used within the UK’s conveyancing process.
Chris Loaring, Managing Director, Landmark Legal and Argyll Environmental said, “Landmark Legal has been at the forefront of the property data industry for over two decades and, with digitisation, AI and open source data set to increase its footprint in the conveyancing industry, we all face new challenges. In particular, there is a need to carefully balance the progression made possible by technological advances with a renewed focus on the underlying data foundation on which they are based. We believe that the Conveyancing Information Executive makes this possible.
“The CIE aims to provide a rigorous and transparent approach to property search governance standards, with data integrity, accuracy and transparency underpinning values in the overall provision of conveyancing search products, both today and in the future.”
CIE membership is available with two tiers to choose from; CIE MEMBER and CIE INDUSTRY PARTNER.