Travis Scholes, Commercial Director at LMS, joins Today's Conveyancer Podcast host David Opie to discuss the National Property Transaction Network (NPTN); an enablement platform where all those involved in the property transaction can interact in a way that creates greater efficiencies in the process.

Discussing the evolution of the concept Travis explains how the last 5 years has seen the level of digitisation within each of the property silos develop astronomically; what's missing is a place where all those different elements of digitisation can work best together and and make the best use of that digital maturity that has taken place. 

We've got to make that burden to change easier, says Travis. We see NPTN as a way to knock down some of the roadblocks by creating a really open system into which anybody can plug; decoupling the LMS products and services from the network so they're not mandated and any one can plug their supply chain into it. 

The more people use a single platform to leverage the efficiencies the more powerful the data becomes, the more efficient the process becomes. We can also reduce the administrative burden by de-duplicating data entry points and creating more transparency

Change will be evolutionary, not revolutionary. The big bang approach where everyone has to stop what they're doing and adopt a completely new way of working is impossible. And we're still going through a process of helping the profession understand what this change looks like. In addition we've got to overcome some of the "technology fatigue" that has crept in; the idea that people become tired of hearing about the next big thing. 

In an entertaining, informative, and typically honest, discussion Travis explains how and why LMS are keen to play their part int he next iteration of the property market. 

The Today's Conveyancer podcast can be found on your preferred podcast provider and also at www.todaysconveyancer.co.uk. Subscribe and listen in for all the latest conveyancing industry news and views. 

Thank you to our podcast sponsors PEXA and VacantC Legal Recruitment.