The property industry shares a common goal: creating faster, more transparent and more predictable transactions. In this article, we explain the aims of the Project 28 Charter, why Ochresoft has joined the initiative, and how its commitment to better information sharing, collaboration and connected working could help address some of the challenges that continue to impact the conveyancing process.
Property transactions continue to be impacted by delays, information gaps and fragmented processes creating challenges for conveyancers, other property professionals and clients they support.
While progress has been made across the industry, there remains a shared ambition to create a faster, more transparent and more predictable transaction journey.
What is the Project 28 Charter?
Project 28: A Charter for faster, more certain property transactions was established to help make that ambition a reality.
Bringing together organisations from across the property sector, the Charter sets out a collective vision for reducing the time from sale agreed to exchange to just 28 days through greater collaboration, improved access to information and more connected ways of working.
Why has Ochresoft joined the Charter?
As part of the Landmark Information Group, Ochresoft is proud to support the Project 28 Charter and its commitment to improving the property transaction process from instruction through to completion.
At its heart, the Charter is focused on tackling some of the root causes of delay and uncertainty by encouraging earlier access to key property information, better use of trusted data, greater transparency between parties and more consistent collaboration across the transaction chain.
Together, these changes are intended to help transactions progress more smoothly, reducing unnecessary friction for property professionals and creating a more predictable experience for home movers.
Creating a more connected, efficient and transparent process
By bringing together conveyancers, lenders, estate agents, brokers, technology providers and other stakeholders, Project 28 Charter recognises that meaningful change requires a coordinated industry-wide approach.
Its vision is not simply to reduce transaction times, but to create a more connected, efficient and transparent process that benefits everyone involved.
As Rob Gurney, Managing Director of Ochresoft, says:
“The property industry has spent many years discussing how to improve the transaction process. What’s particularly encouraging about the Project 28 Charter is that it provides a shared framework for turning those conversations into meaningful action.
At its core, the Charter recognises the value of making trusted information available earlier in the transaction journey and reducing the delays that can arise when key information is difficult to access.
We’re proud to be part of an initiative that brings the industry together behind a common goal and helps drive positive change for the future.”
Working towards a more efficient and certain property transactions
As momentum behind Project 28 Charter continues to grow, it provides an opportunity for the industry to shape a more efficient and certain future for property transactions.
Learn more about the Charter and its eight commitments by visiting the Project 28 Charter website.