I asked them about this upgrade via e-mail these days.
that's a little similar to p2p market, but not all. when you make a deposit on LakeBTC, Lake Banker will recive your request. of course, I am one of Lake Banker now. then you directly transfer your deposit to me (Bank charges need you to bear), and I put a deposit in advance in LakeBTC account, your deposits will trasfer directly from my account. That's over.
You have to admit that I am more or less played some role in it, so you just pay me 1-50 GBP as a tip (the specific tips depends on your amounts). Nevertheless, it's still spent very little time and cost in the entire process.
Compared to Localbitcoins which is another p2p place to buy bitcoins, I think the fair price is lakebtc' advantage. As we know, Localbitcoin's price is usually +1% to +10% based in bitcoin exchanges, while lakebtc itself is a major exchange, its price is market price, the shaking price charts would never appear in lakebtc, as so far.