Convex reveals enhanced conveyancing system

The firm claims homebuyers and intermediaries alike will welcomed the process, which makes it quicker and more cost effective for consumers as well providing an additional income stream for intermediaries.

The Convex conveyancing system can deliver the purchase of a property by a fully qualified solicitor on average 41 per cent quicker than a traditional conveyancer, coupled with an anti-gazumping option and no risk of abortive costs.

The key benefits of the Convex conveyancing system are:

Ø Convex clients are kept informed instantly by email and correspondance can be accessed online anytime, anywhere.

  • At Convex it takes only 34 days to exchange and only 43 days to completion (41 per cent improvement on average)
  • Home buying process can be speeded up by over a month
Ø An anti-gazumping option provides peace of mind and helps to speed up the process.

  • Convex provide a unique vendor lock-in for peace of mind
  • Convex will protect the buyer against the vendor accepting a higher offer and will help to speed up the process
Ø If the purchase falls through then the purchaser pays nothing.

  • No large legal bills or disbursements
  • On average less than 10 per cent of purchases never complete
Duncan Samuel, managing director at Convex, commented: “It’s about time the conveyancing process was taken by the scruff of the neck and given a good shake. That’s what we have done in order to develop and thoroughly test our service over the past three years. We believe that we have ended up with a package of benefits that are customer focused and second to none.

“The intermediary can earn up to £100 for every conveyancing referral. Where a seller is also a buyer, that referral fee can be doubled to create additional income of up to £200 per client, so several thousands of pounds of pure profit can be earned a month with no additional outlay. Additionally, because of the speed of the process, there is less chance of an abortive application and the intermediaries income is therefore more secure than with other conveyancing services.”