Technology – friend or foe?

Technology – friend or foe?

The advance of technology has many great benefits ranging from saving us time, keeping our documents organised and in a central record alongside the convenience, accessibility and flexibility of various systems, websites and ordering platforms.

There is no doubt that technology has a number of fantastic advantages, however with an increasing reliance and dependence on IT based systems it raises concerns about doing enough to safeguard confidential information.

Searches UK are all too aware of this issue and actively work towards diminishing and reducing these problems for solicitors and conveyancers. Their secure online ordering platform allows each user to set their own passwords and real time email notifications are issued to all users when a password is updated, together with ordering and search completion notifications.

Fraudsters are savvy to the ways solicitors and conveyancers work and use cunning methods to target professionals working in the property industry. Bogus firms are a growing problem with criminals aiming to steal client funds by posing as cloned vendor firms.

Lawyer Checker, which can be ordered from Searches UK, allows solicitors and conveyancers to check the previous use of client accounts to which they are sending funds to better assess the risk associated with the transaction – enabling firms to combat the risk of vendor fraud.

Searches UK also include Anti-Money Laundering ID Checks (AML Checks) in their portfolio of products, which helps to verify your clients quickly and easily. These checks interrogate a multitude of electronic data sets for international and domestic members of public to clearly identify if the person is who they say they are.

Andrew Stenning, Managing Director, at Searches UK said:

“It is extremely important to assist our clients in maintaining high levels of confidentiality and privacy for their firms and clients. We have a number of useful products which help solicitors and conveyancers to reduce the level of risk during a property transaction, as well as a dedicated Risk & Compliance Director who is on hand to assist clients with their risk and compliance obligations. Searches UK are unique in that we ensure each client has a tailored and bespoke service to suit the needs of their firm.”

In recent months the property market has hit its highest point in over 18 months. Searches UK actively embrace the current market and remain one of the strongest search providers in the industry.

With the number of transactions rising and the time pressures put on solicitors and conveyancers by clients and other members in a chain, it is vital to work with a search provider who can meet and exceed those expectations, return accurate searches and help with risk management.

Risk and compliance is an extremely important area for solicitors and conveyancers in the property industry and the reason behind Searches UK appointing a dedicated member of the team to help with all queries relating to this topic. Assistance with CQS applications and Lexcel accreditations is available in addition to a wealth of material to improve practices and processes.

For more information about any of the products and services from Searches UK visit their website and follow them on Facebook, Twitter, LinkedIn or Google+. Alternatively email them at info@searchesuk.co.uk to speak to one of their dedicated team today.

This article was submitted to be published by Searches UK as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

Searches UK

https://www.searchesuk.co.uk

Searches UK is one of the country's leading Conveyancing Search providers.  Founded on the idea that you can combine first-class service with accurate and reliable conveyancing searches without having to compromise, it is our goal to ensure you get the results you need quickly and efficiently. We offer the full range of conveyancing searches, for both residential and conveyancing transactions, which can be ordered along with our Buyer Protect Scheme if required, ensuring that your clients benefit from our unique reimbursement scheme and are protected from some of the associated costs, should the transaction not complete.  We also offer a wide range of title insurance and indemnity policies and can provide fast turnaround times on EPCs, AML ID checks, Asbestos Surveys and Fire Risk Assessments too. All our searches are backed with fully comprehensive PI insurance, giving you complete confidence and peace of mind. We don't use call centres, so when you choose Searches UK, you get direct dial access to one of our skilled conveyancing search specialists, who will have the knowledge and expertise to ensure you get the most accurate results possible at the best value for money. At Searches UK we understand the difficulties you face in dealing with your risk and compliance obligations and we have ourselves been applauded by Legal Eye for having extremely robust systems in place.  In July 2012 we became the first search provider to have been awarded the Legal Eye Quality Standard. As well as being an appointed representative of First Title Insurance plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 202103.


Contact: Searches UK Tel: 01273 776625 Email: info@searchesuk.co.uk Address Unit 2, Gemini Business Centre, 136-140 Old Shoreham Road, Hove, East Sussex, BN3 7BD    

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