By Sir Vince Cable

It's emotional. It's expensive. It's probably the biggest personal transaction you'll make in your life.

Yes, buying and selling a house, and perhaps multiple houses as you go through life.

It's a complicated process. There’s an incredible range of things that need to be done to make a transaction happen, and you are left hoping everybody else in the chain has done the same thing as carefully as you have, so that there are no hiccups.

This week, the government is expected to announce measures to improve the process of buying and selling homes. We await full details, but the focus is welcome.

Let's look at a really radical solution. The government should digitise the UK property sales process. This means creating a seamless digital journey that covers everything from title deeds searches, mortgages, mortgage details, anti-money laundering checks, and service charge accounts through to solicitor inquiries and contract exchange.

Digitisation could shorten the time it takes to progress from an accepted offer to completion, reducing delays, uncertainty, and costs for everyone........

© LBC