Ordnance Survey and Conveyancing Information Executive to host Industry Round Table
The Conveyancing Information Executive (CIE) has today announced that Ordnance Survey (OS) will host the CIE’s first industry round table, focused on Property Passports: the role of Unique Property Reference Numbers (UPRNs) in improving the property transaction process.
The CIE round table will be hosted at Ordnance Survey’s head office in Southampton on the 24th November 2021, with representation including industry and market stakeholders and CIE members. The aim of the event is to build on the CIE White Paper released in September, and setup focus groups to tackle the major operational challenges of embedding UPRNs to improve the property transaction process.
Today’s Conveyancer is representing conveyancers at the roundtable and is currently surveying readers on their understanding of UPRNs and their potential.
Chris Loaring, a spokesperson for the Conveyancing Information Executive said,
“The potential for UPRNs to unify the UK property transaction process and align the direction of multiple stakeholders is unquestioned. However, the operational reality to deliver this transition is complex and challenging.
Working with OS we are well placed to start breaking down this transition and charting a course for the widespread industry adoption of UPRNs across the property transaction process.”
James MacTavish, from Ordnance Survey’s Partner Team said,
“The UK search industry has evolved and proliferated its services extensively over the last few years and key to this is location. It’s an equally exciting and volatile time for the industry. The potential for improvement is the underlying driver for so much business interest in modernising the real estate transaction process.
“UPRNs is an area of extensive knowledge within the OS and across our partnerships, and we are acutely aware of the importance both currency and accuracy play when it comes to geospatial data. We are therefore pleased to support the CIE with their aim of embedding the use of UPRNs more widely across the property transaction process and improving the transaction experience of today.”
The overall purpose of the CIE is to raise data quality and content standards in property searches used within the UK conveyancing process. Its membership includes Ambiental, Argyll Environmental, Barbour ABI, Geodesys, Groundsure, Glenigan, JBA Risk Management, Landmark Information, Mining Searches UK, Ordnance Survey, PinPoint Information, Safe Move, and Searchflow.
The CIE welcomes membership applications from all organisations that support the UK’s conveyancing industry. For more information regarding membership, visit www.conveyinfoexec.com