March has been a month full of accomplishments for RoS. From business product updates and stakeholder consultations to our continuing celebrations marking 400 years of land registration, there’s much to report over the last month. And as ever, I feel extremely proud and positive about all the new developments ongoing at RoS.
Our digital transformation continues to progress, and this month we’re finalising our response and report on our recent consultation. Back in November 2016, we published a consultation paper, setting out our digital direction, and outlining the proposed changes to how we deliver our products and services. We’ve gained valuable feedback from our customers to ensure our future services will continue to meet their needs. We received over 40 responses when the consultation closed last month – I’d like to extend a big thank you to all those who provided their important opinions. The report provides excellent insight on how we should deliver our digital transformation – be sure to check back on our website for more information once the report is published.
We’re moving ever closer to our fantastic celebrations and events to mark the 400th anniversary of land registration in Scotland. This month, there’s a great deal of buzz around the office for our upcoming charity golf tournament. Taking place on 25 May 2017, it will be held in the stunning setting of the Queen’s Course at Gleneagles. The event offers a full-day experience including a four ball Texas scramble golf tournament, plus food and refreshments both before you tee off, and after your final putt on the 18th. I’ll be there to present prizes to the winners, so I’m looking forward to seeing many friends and colleagues of RoS there, all in support of a great cause – Macmillan Cancer Support. See our earlier blog post for more details.
In other business news, this month we published our Annual Residential Property Market Review. This provides detailed analysis on the housing market in Scotland, and gives some interesting insights on the past year. Highlights show a relatively stable period for the market, with a 3.3 per cent rise in volume of sales, and a 1.3 per cent rise in the value of the Scottish property market, with the latter rising to £16.6 billion. Numbers did dip slightly in other areas, with the average price of a property falling by 1.9 per cent to £166,056. Further information is available here.
Another success this month has been our Digital Discharge Service (DDS). DDS is one of the flagship projects in our digital transformation, and this month we added more users, including both solicitors and lenders, to the service as it continues in its advanced beta stage. This is an exciting development for DDS, as it means that some of Scotland’s most important firms are now involved. The service itself continues to progress with user feedback, and allows for the discharging of mortgage securities, a process that could originally take weeks during the paper process, to be completed in minutes, and entirely digitally. Check out our blog for more information on DDS.
Finally, on a personal note, I was honoured to be named Regional Director of the Year for Edinburgh, Lothians and the Borders in the 2017 Institute of Directors Awards. I’m delighted with the recognition, not just for me but for RoS itself, and all the staff who are instrumental in delivering our digital transformation. April will see a number of new updates as we progress with our business vision for 2017 – be sure to keep an eye on our blogs for the latest information.