Simple idea that can speed up conveyancing by 14 days

The conveyancing process can be speeded up by two weeks on average if vendors are asked to fill in the standard questionnaire about their property before going to market, says conveyancing software firm The Conveyancing Partnership (TCP). TCP supplies over 100 branches with its white-labelled product, which enables independent agents to offer their clients an in-house conveyancing process instead of handing it over to a third-party solicitor. Vendors are then invited to fill in the detailed property questionnaire at the beginning of the process, which subsequently outputs a property report featuring the agent’s branding. This includes details of any boundaries, leasehold issues, disputes and complaints or planning issues affect the area or property and fixtures, plus the fixtures and fittings included in the sale. One of the agent’s using TCP, Graham Wilson of Grimsby-based DDM Residential (pictured, left), says he reckons 60% of his vendors fill in the form early and that among those who do, there has been a 15% drop in the number of sales falling through – his latest figures for May show. As well as working for DDM since he led a buyout of the company when he was  24 years old, Graham is also a…

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