Conveyancing start-up guarantees to exchange within fixed period or return fees
MuveFast will charge vendors or buyers £1,199 plus VAT for its services, promising to get them to exchange by between 25 and 40 days and is offering agents a fee share.
An online conveyancing firm has launched a premium service that promises vendors and buyers that it can get property transactions to exchange within as little as 25 days, and says it will refund their fees if it cannot.
Muve is the brainchild of leading legal services businessmen David Jabbari, Dan Watkins and Claus Werner, who already have form in the online legal sector.
The company is offering estate agents a fee-share ‘partnership’ programme and says it can help agents cut out steps in the customer journey as well as faster transactions, quicker turnover overall and reduced costs.
The trio claims their new online platform’s self-service approach to documentation will enable it to ‘slash’ traditional conveyancing timings but also offer a competitively-priced service.
Due to launch to the public next month, Muve will also offer estate agents an automated anti-money laundering and ‘Know Your Client’ checks service.
Partnership
The company claims to have a ‘rapidly growing’ number of estate agents both large and small joining its partnership programme ahead of the launch.
“Customers want speed and transparency above all else,” says Jabbari (left), who helped found online law firm Connect2Law.
“The legal process is too often seen as a ‘black hole’ that gets in the way of a customer’s dream house or getting hold of much needed funds. Our mission is to transform the value that law brings to the home moving process.”
Muve offers two services – a standard conveyancing package priced at £699 and its ‘MoveFast’ service which is £1,199, both excluding VAT.
