Monday, 23 May 2016 00:00

Legally Binding Once An Offer Has Been Accepted | Homebuyer Conveyancing

Rate this item
(0 votes)

The government is looking at ways to improve the home-buying process by reducing the number of failed transactions. 

Government takes their time.

2 years ago we setup the Homebuyer Conveyancing panel to make a difference to the Home Buying process. We discussed at launch that a solution was needed to reduce the amount of failed property transactions.

In business cancellations cost. It is extremely important that law firms measure their cancellations.

What happens when they do get a cancellation?

Does the Homebuyer, Investor return to them with their replacement property?

Keeping your Clients with you is the number one focus.

Repeat Clients

We at Homebuyer Conveyancing see our Buy To Let Investors and Homebuyers return to use our service. Our introduction to the members of the Homebuyer Conveyancing panel provides transparent conveyancing to both seller and buyer. Understanding what local Conveyancing Solicitors costs v National, to then make an informed decision on who to use without hassle is key to our success. 

Improve the Home Buying Process

The Governement now sees that by improving the Home buying process they can directly save the consumer time, money and stress. Their idea to mirror the Scottish Law system makes absolute sense. 

Law Firms benefit where it matters

Law firms will benefit as they will have a higher success rate. A simple change will be for the good.

It has been quoted in the Sunday Times 22 June 2016 that Consumers lose £270m a year on surveys, legal fees in failed property transactions. With the current system everyone loses out. The possible change is welcomed as all business related to property will benefit from the new updated system should it be sanctioned. They already have a test cases Scotland, so it shouldn't be too difficult to get this new system in place.

Business - Cancellations, rejects or Breakages

In any other business focus by management would be on either cancellations, rejects or breakages.

They measure the problem

Formulate a solution

Consult with findings to key Stakeholders

Implement a solution and enjoy the bottom line improvements not to mention improved Consumer confidence. 

Will the change work?

The Veyo saga was a difficult one to grasp why it all went wrong. If the Government goes with the change then they do need pause and have a plan of implementation. Asking the key decision makers on how, when and who needs to know is key. We have witnessed Stamp Duty changes that were rushed in. Not easy for business to change systems overnight but that was what was expected. So when it comes to Legally binding offers Estate Agents will play a big part.

Sounds as if they are doing it right - using the Department of Business Innovation and Skills to consult with the National Association of Estate Agents.

Read 2952 times Last modified on Wednesday, 16 May 2018 10:31

New Homebuyer Scottish Conveyancing panel

Instantquotehandbutton3 Legal Coverage For Scotland

Why Choose Us

The Homebuyer Conveyancing panel provides you with the conveyancing calculation search filters to match your specific legal needs, when it comes to selling, buying and remortgaging residential property or buy to let investments. Our Lender Conveyancing Solicitors panel cover England and Wales. Your remortgage, sale and purchase conveyancing prices are fully itemised. No hidden extras. Free No Obligation Advice

First Time Buyer? Need Conveyancing Advice? – Prepare your conveyancing legal question and book a timed call back from your chosen Conveyancer.

Alternatively please call us on 0345 463 7664. We are here to help you.

Find your best Lender panel approved Conveyancing Solicitors quote for your residential New Build, Sale and Purchase, Moving House or Remortgage. Use our free independent Conveyancing Solicitors near me comparison service. 

Our Service Promise

  • Price Comparison quote service - No personal details
  • Conveyancing costs - Fully itemised quote - Include legal fees and disbursements
  • Book a call from your Conveyancer at your requested time
  • Professional Solicitors and Licensed Conveyancers that understand your needs
  • Please call us on 0345 463 7664 We will help you find your best conveyancing quotes
  • The Homebuyer Conveyancing Panel are monitored for on time call backs and service delivery. They adhere to a Customer Charter. We value Customer feedback and act on it
  • SRA Regulated Solicitors and CLC Licensed Conveyancers
  • Homebuyers can add the Flexi Smart Contingency House Insurance

      Find out about Buyers Protect Insurance.

      Conveyancing Service Promise.

      Conveyancing Direct Service

      The conveyancing costs Process Explained


Homebuyer Survey Costs

Click the link -  SURVEY Finder

Order your Homebuyer Survey and Valuation

Is your new property in good order and worth what you are paying for it.

You can get a discount on the following reports.

RICS Condition Report - Property Condition

RICS Homebuyer Report - Property Condition and Valuation

RICS Premium Building Survey - Property Condition, Valuation with approximate urgency with cost

Get An Instant Online Conveyancing Quote

Homebuyer Conveyancing is made up of a panel of Conveyancers that cover the counties in England and Wales. 

Customer Service Promise
Homebuyer Assured

Let's Talk!

If you would prefer to speak directly, please contact us on:

0345 463 7664