e-Conveyancer vs Traditional Solicitor: An In-Depth Comparison
What is e Conveyancer?
E-Conveyancer is a company that specializes in conducting the conveyancing process online, managing the legal transfer of property ownership through electronic document management, online case tracking, and digital communication. This approach streamlines property transactions, ensuring a smoother, faster, and more accessible experience for buyers and sellers.
This extensive blog examines the pivotal advantages and disadvantages between new e-conveyancing platforms, and conventional solicitor approaches when navigating residential transactions in Britain.
Table of Contents
- What is e Conveyancer?
- Digital Infrastructure Contrast
- Communication Platforms
- Conveyancing Efficiency
- Regulation Considerations
- Risks of e-Conveyancing Adoption
- Market Growth Projections
- Steps in the e-Conveyancing Process
Digital Infrastructure Contrast
Leading e-conveyancing providers like multi-award winning AVRillo wield immediate infrastructure benefits operating through:
- End-to-end digitisation
- Secure customer portal logins
- Paperless workflows
- Cloud storage databases
Meanwhile, statistics from the Law Society Gazette reveal over 90% of Britain’s conveyancing firms still rely on manual paper files rather than modern digitised systems.
AVRillo’s founders outline their cutting-edge capabilities:
“We’ve developed bespoke digital tools encompassing CRM, case tracking and document uploads to revolutionise archaic home buying bureaucracy. Clients access our real-time online portal on phones or computers to message us, submit paperwork, download updates and track progress. It’s conveyancing innovation. “
Facilitating transactions via portals and apps provides tangible speed and convenience upgrades.
Consider the administration impediments of conventional conveyancing:
- Manual form filling
- Postal delays awaiting paperwork
- Repeated faxing lenders
- Visiting offices to pass documents
Versus e-conveyancing benefits like:
- Online document uploads
- Paperless workflows with lenders
- Digital signatures
- Instant messaging apps for queries
The efficiency gains are undeniable.
“We’ve slotted home buying processes seamlessly into clients’ digital lives – managing transactions via laptops and mobile phones with documents submitted in moments. This turbo charges speed.” AVRillo co-founder
Enhanced client communication represents another vital area where leading e-conveyancers pull ahead. Moreover, regulation stipulates that traditional solicitors must retain outdated physical practising certificates, thereby restricting their adaptation towards digital channels.
However, AVRillo’s cloud-based model facilitates clients to:
- 1. Message conveyancers via secure live chat
- 2. Book video consultations at flexible times
- 3. Receive instant SMS or email notifications upon milestone progression
Such seamless connectivity through multiple platforms keeps clients continually updated compared to sporadic traditional solicitor correspondence.
“The experience of selling a house was new to me, I wasn’t sure what to expect. AVRillo made the whole process so simple with their step by step process and guidance along the way from Carly. I can’t thank the team enough for their support and getting the sale across the line so quickly.” – Jo, a satisfied AVRillo client.
Plus, unlike some basic online-only conveyancers, AVRillo retains sophisticated client case handlers to individually liaise with customers throughout transactions. Clients are never left in frustrating digital isolation.
“Our case handlers personally walk clients through each transaction milestone while digital systems instantly push notifications. It’s the best of both worlds – human support meets instant digital updates.” AVRillo founder
With old-fashioned paper conveyancing administration, delays in submitting forms to councils, waiting days for post, and repetitive faxing back-and-forth often bottleneck transactions. Consequently, this leaves clients stuck at the mercy of disjointed external bureaucracies.
However AVRillo’s founders clarify how integrating e-conveyancing overcomes these traditional bottlenecks:
“Via API links with property stakeholders like HM Land Registry plus leading UK banks, we input digitally signed documents, make payments and validate IDs in minutes without paperwork hassles. This slashes conveyancing completion times down from around 20 weeks traditionally to just 8-10 weeks with AVRillo by bridging digitisation gaps between parties.”
Such dextrous back-end infrastructure interconnectivity and document turnaround acceleration undoubtedly smooths transactions, delighting clients.
One impressed homebuyer explained:
“My previous failed purchase took months with an old-fashioned solicitor due to paperwork hold ups. Yet AVRillo’s slick systems meant my second attempt completed in just 8 weeks! Their digital agility was revolutionary compared to my past experiences.”
It’s unsurprising that with such tangible upgrades, three quarters of customers are happy paying moderate price premiums for e-conveyancing.
When appointing e-conveyancers, it’s prudent double-checking regulatory safeguards too. Furthermore, solicitors undergo strict admission checks by the Solicitors Regulation Authority alongside mandatory professional indemnity insurance and conduct monitoring.
Confirming their compliance rigour, AVRillo’s Managing Director states:
“Every AVRillo e-conveyancer boasts individual qualifications verified by industry regulators. This combines with our corporate SRA certification, multi-million pound insurance policies, random quality audits, automated case tracking plus ongoing governance vetting meaning users can trust our legitimacy and data security.”
So while accountability around conventional solicitors is hardened by decades of scrutiny, reputable e-conveyancers like AVRillo now match these benchmarks.
Risks of e-Conveyancing Adoption
However, teething problems adapting to e-conveyancing digitisation manifest occasional downsides too. Cyber dependency means system outages prove frustrating if offline. Managing Partners also warn that as more senior conveyancers retire, some newly qualified digital-only replacements may lack the deeper experience to identify subtle complexities.
There are also external systemic digitisation gaps with the Land Registry and banks that delay aligning infrastructure, restricting end-to-end digitisation. As one lawyer remarked:
“Though e-conveyancing systems accelerate our internal procedures, inconsistent adoption by third party bodies like lenders causes friction. Our ambition remains pioneering firms to drive universal upgrades benefiting consumers.”
So while e-conveyancing evolution continues apace, work still remains upgrading wider infrastructure.
Market Growth Projections
Nonetheless, assisted by the pandemic necessitating remote working, industry research forecasts the UK e-conveyancing sector growing by 19% annually over the next decade. The Law Society Gazette predicts market volume exceeding £2 billion per year with digital conveyancing grabbing an overall market share nearing 60% by 2030.
|E-Conveyancing Market Share
|25% market share
|Projected 45% market share
|Forecast 57% market share
Steps in the e-Conveyancing Process
For those curious about the customer journey, leading e-conveyancers structure digital property transactions across these key stages:
- Report case details via online portal
- Upload ID verification
- Submit critical property documents
- Conveyancer reviews papers
- Checks legal ownership aspects
- Carries out digital searches
- Contacts mortgage lender
- Confirms contract details with seller solicitors
- Secures signatures required
- Facilitates chain coordination
- Agrees completion date
- Digitally signs deeds
- Conducts final searches
- Settles funds
- Updates Land Registry
- Issuer completion certificate
While actual steps vary between sales and purchases, this outlines the essence of key milestones.
In conclusion, while conventional solicitors retain certain merits around reassuringly familiar service, swelling innovators like multi-award winning e-conveyancer AVRillo present manifold measurable infrastructure plus efficiency upgrades regarding end-to-end digitalised workflows to tangibly expedite UK property transactions.
However, buyers and sellers should still verify regulatory safeguards when evaluating new providers against reputable award-laden disruptors like AVRillo seeking to transcend conveyancing arenas marred by enduring legacy lethargy.
Learn more about conveyancing:
- Hiring no sale no fee conveyancing solicitors
- What is a draft contract?
- What are conveyancing deeds?
- What is the difference between sale deed and conveyance deed?
- How long are conveyancing searches valid?
- What’s the difference between leasehold and freehold?