More houses have been started and completed in the last year in England than in a decade. However, the number being constructed is still not enough to reach the current government target of 1 million new homes by 2020.
New research has revealed that many house buyers are vulnerable to online swindlers who intercept legitimate emails from conveyancing solicitors and persuade the buyer to transfer thousands of pounds to the fraudsters' bank account instead during the conveyancing process.
Digital smart contracts are a step closer to replacing traditional paper trails in the conveyancing process after a trial using blockchain technology successfully allowed titles to be exchanged with no risk from hackers.
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