A conveyancing app that many solicitors use to update home movers and estate agents on a transaction’s progress says it has seen huge growth during the Covid pandemic as the property industry has moved to home working.
Manchester-based inCase launched four years ago and secured private equity backing of £1.5 million in June last year, and since then has seen its revenues grow by 80% as the social distancing requirements of the pandemic has driven the conveyancing process online.
The company also claims its platform enabled many transactions to proceed during the darkest months of Covid last year when many others were unable to.
This has included being used to complete property information forms, digitally sign contracts, and execute an electronic Transfer Deed, among other things.
Lavatech, the company behind the app, says it has now also launched a widget that enables its tech to read passport chips to validate buyer and vendor identities for AML and KYC purposes.
It also plans to enable players in a transaction to attend video conferences via the app later this year.
“The importance of legal-tech has been drastically highlighted in the past year – suddenly many firms found themselves working from home and confronted with increasing communication challenges – an intuitive app is the perfect remedy for these obstacles,” says its founder and CEO, Sucheet Amin (main pic) who is also a former President of the Manchester Law Society.
“We are proud to support our client firms at a challenging time to embrace innovation.”
For more information, visit www.in-case.co.uk.