SLC warmly welcomes HMLR releasing requisition data

The Society of Licensed Conveyancers (SLC) has been advocating the release of requisition data by HMLR to all its members for a long time. Whilst HMLR has been providing data to large conveyancing firms for quite some time, medium and smaller firms have been operating at a disadvantage by not having this data available to them.

In November 2024, SLC issued a blog that majored on the cost savings available to all conveyancers by getting post completion work ‘right first time’ thus avoiding unnecessary requisitions. However, without meaningful and valuable data from HMLR, many firms would struggle to identify the main areas of focus to improve their submissions. The news that all firms that have lodged ten or more registration applications in the preceding six months will receive requisition data will prove invaluable to firms and HMLR in reducing avoidable requisitions.

Simon Law, SLC Chairperson, said:

‘Providing all conveyancing firms with requisition data, not only levels the playing field between large and smaller firms, but it also means that smaller firms can focus on those issues that are behind unnecessary requisitions in their practices and reduce these through improved processes and training. This will save them money and make them more efficient in serving their clients.

‘Ultimately it is about a systemic improvement across the whole profession that will enable HMLR to enhance its focus on reducing its long standing registration backlogs to the benefit of all conveyancing firms, and ultimately (and most importantly) home buyers and sellers.’

Kindly shared by The Society of Licensed Conveyancers