YouConvey has demonstrated it can cut UK property transaction times by more than a month and helping deals reach completion up to five weeks faster than the national average.
New data from one of its primary legal partners, Rowlinsons Solicitors, shows transactions using the YouConvey platform are completing four to five weeks quicker than typical market times. This comes as average completion periods across the UK often stretch beyond 20 weeks.
The time savings are driven by YouConvey’s collaborative conveyancing model, which allows home movers to complete key administrative tasks early in the process.
Property information forms, ID checks and initial documentation are handled through a digital portal before a conveyancer is formally instructed.
REMOVING BOTTLENECKS
By removing the usual early-stage bottlenecks, legal work can begin from day one, reducing the inertia that often delays transactions in their opening weeks and increases the risk of chains stalling or collapsing.
Alicia Sheath, Licensed Conveyancer at Rowlinsons, says: “We have a longstanding relationship with YouConvey and through several years of collaboration, we have found that transactions handled via YouConvey progress approximately 4-5 weeks quicker than the current national average.
“Their approach is proactive and enables us to progress legal work on a transaction from day one, and one of the biggest benefits in working with YouConvey for us, and our clients, is the level of additional support they provide alongside our own.
“Updates are frequent, clear and client friendly which means we receive fewer direct enquiries from clients and agents which frees up time to focus on the legal work itself.
RIGHT PROCESSES
And she adds: “In an industry where delays and uncertainty can often define the experience, working with YouConvey really does help and shows that with the right processes and client care support in place, conveyancing doesn’t have to be a long or stressful journey.”
For estate agents the platform also reduces the volume of chase calls, with YouConvey providing regular, clear updates to all parties without intermediaries needing to intervene.
Faster completions also mean earlier commission payments and improved pipeline certainty.
LESS STRESSFUL
Eddie Goldsmith (main picture, inset), Founder of YouConvey, says: “Reducing timescales and making the home-moving process less stressful for customers has been our mission from day one.
“To have one of our main legal partners confirm that our model saves over a month in the transaction lifecycle is a testament to what can be achieved when you empower the home mover and support the conveyancer. For agents and brokers, this means more certainty and much happier clients.”
