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"That solicitors control these funds also enables abuse and fraud when unscrupulous solicitors abuse their trust and embezzle the funds."

A few bad apples, not the whole profession!

Cyber-crime, anyone? Why increase exposure and risk when it really isn't necessary, and may only add very little to the process.

Someone mentioned Paypal. Haven't they hacked. How many times? And millions in losses.

It's "shiny new toy" syndrome. I am not quite sure why speeding up transactions is such a misquoted issue. 4-6 weeks isn't slow! And aren't most delays due to funding not being in place or someone losing their borrowing facility? How would access to an account help?

How many of your clients are prepared to proceed without the searches, surveyors reports, or full Replies? None; folk just aren't prepared to take the risk.