Online conveyancing saves up to 11 days

Feb 12 | 2014

According to Move with Us, the network of independent estate agents, homebuyers and sellers can reduce the amount of time it takes to buy or sell property by up to 11 days using a new online conveyancing system, which speeds up the legal part of the transaction and brings conveyancing into the 21st century.

For movers, the system will, presumably, further reduce the lead times they get from customers.

The system is called Navigator.  It allows home movers to complete and share legal forms securely online, cutting out any hold ups that can be caused by postal delays and helping customers to be legally prepared much earlier on in the transaction. Move with Us says that this is welcome news for an industry that is currently reporting a slowdown in the time taken to complete the legal part of home moves.

Traditionally, conveyancing has been one of the longest and most stressful components of a home move. In fact, research completed by the Conveyancing Association highlights that over the last five years almost a quarter of all home movers believe their transaction has fallen through due to delays caused by poor communication.

Ian Fletcher, Director, Move with Us, said, “Navigator provides home buyers and sellers with simple and clear information allowing them to track the progress of their purchase or sale online and be legally prepared much earlier on in the transaction. This means that they can move quickly once an offer has been accepted. Initial results and feedback from customers have shown that by providing this information online in real-time, we can speed up the conveyancing process and reduce the amount of time spent by home movers sending information via traditional post.”

Navigator is available exclusively to home movers that sign up for conveyancing through a Move with Us partner agent.