While specific percentages can vary by region and over time, surveys indicate that around 30% to 40% of house buyers and sellers use online conveyancing services. In addition to this the trend has been growing as more people become comfortable with digital solutions.
What’s more because of the growing trend both Buyers and Sellers are using online comparison sites like The Conveyancing Team to find the best prices for conveyancing.
Here are a few reasons why…
1. More Cost-Effective:
Online conveyancing services often have lower fees compared to traditional firms, as they have reduced overhead costs.
2. Ease and Convenience:
Clients can manage their transactions from home, avoiding the need for in-person meetings. This can be especially beneficial for busy individuals.
3. Speed:
Many online companies leverage technology to streamline processes, potentially speeding up the conveyancing timeline through efficient handling of paperwork and communication.
4. Transparency:
Online platforms often provide clients with access to real-time updates and tracking of their transaction, improving transparency throughout the process.
5. Accessibility:
Clients can access their accounts and documents anytime, anywhere, making it easier to stay informed about the progress of their transaction.
6. Technology Integration:
Online companies may use advanced software to simplify tasks like document signing and communication, improving overall efficiency.
7. Greater Choice:
The online market provides a wider range of options, allowing buyers and sellers to choose services that best fit their needs and preferences.
8. Customer Support:
Lastly many online conveyancing services offer dedicated support teams that can assist clients through chat or phone, often providing quick responses to inquiries.
Overall, the rise of online conveyancing reflects a shift towards more efficient and accessible services in the real estate market, appealing to a growing number of buyers and sellers.
