How much does PropXchain cost?

Starting is free. On the Starter tier you run your own transaction and pay your providers direct at their published rates — there is no platform fee. The optional Premium tier adds a £75-per-transaction AI co-pilot that reads your HM Land Registry title and search results in plain English and tailors your conveyancer quote.

Why is UK conveyancing so slow?

UK conveyancing takes 20 to 24 weeks on average. Most of that time is spent waiting for solicitors to chase each other while information travels through intermediaries. Around 30% of transactions collapse before completion, largely because buyers and sellers have no visibility into progress.

How does PropXchain work?

You add the property, complete the TA6 and TA10 forms, pick your own providers and order your own searches, and every milestone is recorded on the Internet Computer blockchain. All parties (seller, buyer, conveyancer, estate agent) see the same live view of the transaction.

Is the blockchain audit trail legally valid?

Every action is recorded on-chain on the Internet Computer. Documents stay local to your device. Only their SHA-256 hashes are written to the blockchain, so verification is cryptographic but GDPR-compliant. Exchange of contracts is signed via tmSign QES (qualified electronic signature) for legal validity in England and Wales.

Is there a platform fee?

No. Both buyers and sellers can run a transaction free on the Starter tier, paying their own providers direct. The only optional charge is the £75-per-transaction Premium AI co-pilot.

Does PropXchain connect to HM Land Registry?

Yes. PropXchain is integrated directly with HM Land Registry's Business Gateway, so title checks, official copies and registration of dealings happen inside the platform.

What about AML and identity checks?

AML and KYC checks are handled in a single step via a regulated provider. Once completed, the AML certificate is stored on-chain and is reusable with lenders and other regulated parties, so you don't have to repeat the same check multiple times.

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Property searches explained

Searches are the part of buying a house nobody explains. They arrive as a line on an invoice with an acronym attached, and most people pay without ever learning what they bought. Here is what each one actually does, and why the list is different for a house in Barnsley and a house in Bedfordshire.

What a search actually is

A property search is a question put to an organisation that holds records about land — the council, the water company, the Coal Authority — and the written answer that comes back. It is a records check, not an inspection; nobody visits the house.

The party really asking is usually the buyer's lender. A mortgage is secured against the property, so the lender wants to know the council has no plans to drive a road through the garden before it releases the money. That is why searches are effectively compulsory on a mortgaged purchase and optional on a cash one.

The four almost every property needs

Local authority search (LLC1 + CON29)

The LLC1 lists charges registered against the property. The CON29 answers a standard set of questions about planning permissions, building control, nearby road schemes and public footpaths.

Drainage and water (CON29DW)

Confirms whether the property is connected to public water and sewers or relies on a private supply or septic tank, and whether a public sewer runs under the garden.

Environmental search

Checks contaminated land, landfill history, flood risk and radon. Under contaminated land rules a current owner can be liable for cleaning up pollution somebody else caused.

Land Registry title search

The official register and plan: who owns it, where the boundaries run, what rights cross it, and what charges are secured against it.

Why the list changes with location

Those four apply almost everywhere. The rest depend on what the ground has been used for: coal mining (CON29M) over former coalfields, brine and salt extraction chiefly in Cheshire, tin and metalliferous mining in Cornwall and west Devon, and chancel repair liability in some parishes. Two identical houses in Sandy and Barnsley need different search lists.

Bundle, or one at a time?

Providers sell both. A bundle is usually cheaper when you need most of what is in it, and worse value when you need two items out of six. A search you do not need is not a safety net — it is a document nobody will read, and every provider will happily sell you one.

How long they take, and how long they last

Turnarounds run from instant for the title register to ten working days for a slow council. Most searches are treated as valid for six months, so a chain that drags on can mean paying for some of them twice. Ordering early is one of the few delays a seller can remove before a buyer even appears.