Regulation slows some parts of progress -but a big one is regarding property transfers. With digital transfers now being rolled out this is going to allow for a considerable cost saving and will allow for most lenders to do away with paper loan contracts in the long term, reducing delays, mistakes in the process and a huge amount of wasted paper!

I was speaking with Commercial & General who were saying the process has meant that they’ve file reworks/time delays dropped massively under the new environment.

Always get anything like this in writing – too late now.