We’re delighted to share some exciting news from Kerfuffle supplier Credas as they reach a major milestone in property compliance.

The highly anticipated Credas Compliance Wallet has completed its first live transaction in partnership with DezrezLegal, one of the UK’s leading residential property conveyancers.

When Credas announced the launch of the product back in September, they made the ambitious promise of delivering a fully functioning solution by the end of 2025. They are proud to have delivered on that promise, with this milestone marking a significant step forward in the evolution of property compliance.

The Credas Compliance Wallet is a world-first digital innovation that places secure, portable, and fully verified identity and compliance credentials directly into the hands of consumers. This streamlines onboarding, accelerates property transactions, and sets a new benchmark for trust, transparency, and interoperability across the sector.

The first transaction demonstrates the potential of the Wallet to reduce duplication and simplify one of the property market’s most persistent challenges: repeated identity and compliance checks across multiple parties. By enabling compliance checks to be securely reused, the Wallet is expected to reduce the number of times a buyer or vendor completes the same checks from 5.4 times to just once.

Credas and DezrezLegal have been partners since 2021, and this landmark transaction represents the latest step in their valued collaboration. Credas continues to strengthen its partner ecosystem, enabling seamless data-sharing across the property lifecycle, with DezrezLegal’s MarketReady service being a strong example of this in practice.

Commenting on the milestone, Credas CEO Tim Barnett said:
“This first live use with DezrezLegal demonstrates exactly how the Credas Compliance Wallet will transform the way our industry manages trust, identity, and compliance going forward. This transaction marks the beginning, with both Credas and its partners confident that the Wallet will rapidly become an indispensable tool for property professionals and consumers alike.”

Laura Liddell, Managing Director of DezrezLegal, added:
“Working with Credas on the first Compliance Wallet transaction reinforces our shared commitment to innovation and better outcomes for our customers. This technology removes unnecessary repetition from the homebuying process and delivers on our promise to home movers to bring more certainty, less hassle, and to put people at the centre.”

With transformative regulation on the horizon, including sweeping housing reforms, the partnership between Credas and DezrezLegal will continue to support customers with fast, trusted compliance checks.