View more on these topics

NLIS yet to offer searches via private suppliers

OneSearch Direct, the private search company, says the National Land Information Service has yet to offer official local searches via private suppliers and loosen control of its brand and software despite a report from the Office of Fair Trading recommending changes in the local search market.

The NLIS is a joint initiative between central and local government to provide an online one-stop shop, delivering land and property related information that is held by many different organisations. It allows local searches, essential searches for buying and selling property, to be carried out via the internet.

The OFT recommended that the rules that govern the NLIS should be liberalised so that its brand and software are more widely available. It also ruled that non-NLIS players, such as private search companies, should be able to compete in the electronic search marketplace with their NLIS-licensed rivals.

The ruling should mean that private search companies are entitled to the same local search information as local authorities and that the NLIS no longer has a monopoly on the electronic delivery of searches.

However, to date there is no evidence that the NLIS is liaising with private suppliers of electronic searches to ensure its service is truly competitive with the private sector.

Ronnie Park, managing director of OneSearch Direct, says: “Released from the exclusivity restrictions of its initial license, the NLIS is now free to form partnerships and integrate itself with private channels. It is now imperative for the market, particularly with the onset of Home Information Packs, that timely and strategic adjustments are made. The NLIS needs to change to comply with the OFTs recommendations.”

Park says these changes will lead to more alliances in the market. He adds: “Now that local authorities and The NLIS will not have preferential information over private competitors, the NLIS should liaise with the suppliers of private electronic searches to remain truly competitive.”


NU backs education scheme

Norwich Union is to become a partner in a project to create a National Financial Services Academy as part of its plan to support local education. There will initially be three centres with one in Norwich, where the insurance giant employs about 10% of the student body. NU hopes the Norwich centre will boost the […]

Encore announces two-way link to MortgageStream

Mortgage 2000s sourcing system Encore has announced it is to extend its offering of connectivity to back office systems by launching a two-way link with MortgageStream. This will enable its users to import and export client and lender data plus all relevant documents including Key Facts Illustrations and fact-finds to and from MortgageStream. MortgageStream is […]

Blemain appoints divisional sales manager

The Blemain Group has appointed Nicholas Jones as divisional sales manager for the Midlands, northern England, north Wales and Scotland. Jones was previously business development manager for the Blemain Group and has also worked for Compass Finance and the Bank of Scotland. With more than eight years experience in the loans and mortgage industry, his […]

Internet Insight

Mortgage Strategys weekly guide to whats hot and whats not on the web. Kevin Paterson takes a look at lender websites, working his way from A to Z


News and expert analysis straight to your inbox

Sign up