Resources for you and your team.

Where to start in developing your Material Information Services.

New products and services are emerging rapidly in the Material Information space, with a range of different models and payment structures.

What is right for one Law Firms will depend on a range of factors.

These Guidance Notes help Law Firms to navigate the various options, sharing a range of services, examples of how they are being delivered and what is being charged for them; so you can decide what's right for your firm.

Instant Material Information

Included in Toolkit: 5 credits for the Home Owner's Passport app

There are two stages to providing Material Information Services

1. 1.Assembling the required documentation from sources such as HM Land Registry, and
2. 2.Summarising this in a report format which agents can use as part of their listings.

The Home Owner's Passport web app has been designed to support lawyers in completing both these requirements quickly and efficiently, assembling the required up front information, and collating this into a Material Information Summary Report for agents.

What's in a Material Information Report?

The headline requirements contained in the Trading Standards Guidance can be found summarised in the 3 page Material Information Summary Report, saving significant fee earner time. It also includes the more specific property details which are required for full compliance, such as unavoidable property costs and leasehold information.

Conveyancing Onboarding

In addition to the Material Information Report, HOP also includes tools and services designed to support Lawyers with the conveyancing process, saving as much as 27% of a fee earners time on a sale transaction.

Also included in each HOP:

• Contract Ready Property Pack - Including Title Deeds, Plans and Property Information Forms, meaning properties are conveyancing ready weeks in advance.
• Lawyer Plus Conveyancing Pack - HOP's Upfront Information tool supports conveyancers with more of their work, automating pre-emptive enquiries and carrying out title due diligence checks, meaning issues which traditionally raise their head post offer never crop up.
• Secure Document Sharing via the HOP portal - Providing direct access to the Material Information report and legal paperwork to the seller and the Estate Agent if you wish.

Supporting agents to get up to speed with the new requirements.

This short summary of the Material Information Guidance and Consumer Protection Regulations is a starting point for agents who wish to find out more about the rules. It can be shared across estate agency teams to help to raise awareness of the Material Information requirements, and how law firms can assist.

Available in a format for you to white label in with your Law Firm's branding if you wish.

Included in Toolkit: Access to 'Contract Ready' Logo for Law Firms and the Estate Agents they work with.

Where a HOP is in place, not only is the Material Information available, but also all of the paperwork required for Law Firms to be in a position to submit a contract pack as soon as a sale is agreed.

The Contract Ready logo has been designed for use by Lawyers and Estate Agents involved in the pre-offer process so buyers and sellers know that the transaction is set up and ready to proceed.