CHAPTER 5: CONVEYANCING PLATFORMS

Introducers use online conveyancing comparison platforms to help get their clients’ mortgage process through to completion.

Such platforms provide mortgage brokers, financial advisers and estate agents with a panel of solicitor and licensed conveyancer firms for conveyancing services.

Typically, conveyancing platforms will provide services for property sales; purchases; simultaneous sale and purchase; remortgaging and transfer of equity.

Advisers receive remuneration for each completed instruction.

5.01 PRICING

Unlike other technology systems available to mortgage advisers, conveyancing platforms are usually free. Neither platform which contributed to this report charge for their usage.

Figure 5.01: Cost per user (excluding VAT)

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This data was collated in January 2021. Trek Publishing Limited accepts no liability for loss or damage to material submitted for publication.
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