Steering Clients Toward Top-Tier Conveyancers

The perception of the conveyancing process as sluggish and prone to delays persists, and is likely to continue to do so, while it typically takes around four to six months to complete an average property transaction. There are all manner of reasons for what we might term the inefficiencies in the process, not least a lingering shortage of conveyancers and slow operations at local authorities, exacerbated by the aftermath of the Covid-19 pandemic.

Conveyancing process can be slow and prone to delays

You can see why, in a sector which relies on transaction completion in order to get paid, for mortgage advisers recommending the right conveyancing firm should be crucial to ensuring a swift and seamless transaction for clients.

In the current political climate, with a new Government in place, there is uncertainty regarding potential legislative changes aimed at improving the home buying and selling process. While we await clarity on how the Government might address these inefficiencies, mortgage advisers can proactively mitigate some of the lengthier delays by steering clients toward top-tier conveyancers.

This expertise translates into fewer errors, more efficient processing, and ultimately, faster completion times.

Mortgage advisers and their clients can significantly benefit by tapping into the services offered by specialist conveyancing firms. These firms, which focus solely on conveyancing rather than dabbling in multiple areas of law, provide a level of expertise and efficiency that generalist firms often lack.

Specialist conveyancing firms provide a level of expertise and efficiency

One of the key advantages of using a specialist conveyancing firm is the superior service they can offer. These firms are dedicated to conveyancing, meaning they have a deeper understanding of the intricacies involved in property transactions, particularly the more complex ones.

The use of progressive conveyancers also brings the benefit of modern communication and case-tracking tools. Specialist firms often employ advanced software to keep all parties updated in real-time about the status of the transaction. This transparency reduces the need for constant follow-ups and allows both the client and adviser to monitor progress efficiently.

Modern communication and case-tracking tools increase transparency

In addition to ensuring efficient processing, specialist conveyancers can also help clients navigate complex legal requirements, such as those involving leasehold properties or properties with specific regulatory issues.

We’ve all seen how property sales and purchases have grown in complexity, and the requirements placed upon conveyancers have grown considerably. You and your client need to be confident that your conveyancer is able to cover all types of work from the outset, otherwise the delays are only likely to grow.

Setting realistic expectations for clients is another crucial aspect where mortgage advisers can make a significant impact. Advisers should explain the potential bottlenecks in the conveyancing process and the importance of prompt action on their part, such as returning signed documents quickly and being available for any required communications.

Setting realistic expectations for clients

In summary, by recommending specialist conveyancers and utilising platforms like ours, mortgage advisers can significantly enhance the efficiency and quality of the conveyancing process. This not only benefits clients by ensuring a faster and more reliable service but also provides an additional revenue stream for mortgage firms.

Efficient conveyancing process benefits clients and mortgage firms

Through careful selection of conveyancing firms, leveraging modern tools, and maintaining clear communication, advisers can play a pivotal role in overcoming the common delays associated with property transactions, ensuring a more streamlined and stress-free experience for their clients.

That can only lead to recommendations and referrals.