YouConvey, one of the UK’s first collaborative conveyancing services, has demonstrated a way to drastically reduce completion timelines by up to five weeks. This has been achieved through a combination of digital onboarding, seamless communication between all parties, and the provision of dedicated support for customers throughout the entire moving journey.
New data released by one of YouConvey’s primary legal partners, Rowlinsons Solicitors, confirms that transactions managed via the platform are progressing four to five weeks faster than the current national average. With the UK property industry currently struggling against lengthy completion delays – often exceeding 20 weeks – this time reduction offers a vital lifeline to Estate Agents and Mortgage Brokers looking to secure their pipelines and improve client satisfaction.
The delay-slashing results are attributed to YouConvey’s unique “Collaborative Conveyancing” model. Unlike traditional methods, YouConvey allows home movers to complete essential administrative tasks – such as property information forms, ID checks and initial documentation in their own online portal —before a conveyancer is even instructed.
Alicia Sheath, Licensed Conveyancer at Rowlinsons, comments:
“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.
“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 and Mortgage Brokers, the most significant benefit lies in the reduction of chase calls. YouConvey acts as an additional layer of support, providing frequent, clear, and client-friendly updates that keep all parties informed on a weekly basis without the professional having to intervene.
The industry benefits are substantial, including faster commissions due to transactions completing over a month sooner than average, which leads to quicker revenue recognition for agents and brokers. Additionally, the risk of chains collapsing is significantly reduced by eliminating the initial weeks of administrative inertia that typically stall a file at the start of the process.
Eddie Goldsmith, Founder of YouConvey, commented:
“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.”
YouConvey is a revolutionary collaborative conveyancing platform that provides a faster, more transparent alternative to the traditional model. By placing the focus on reducing timescales and removing the friction that leads to consumer stress, YouConvey bridges the gap between home movers, introducers, and conveyancers to ensure a smoother path to completion for all parties involved.
