By Conveybuddy has unveiled its groundbreaking new conveyancing portal, featuring market-leading technology designed to deliver significant cost savings directly to customers.
Unlike other conveyancing panel management services, Conveybuddy stands out by offering full transparency on fees at the point of quotation while refraining from taking a large portion of any fee. This approach ensures that clients receive the best value for their conveyancing needs.
The platform provides introducers with a bespoke quoting portal, empowering them to select the most suitable providers for all their clients’ conveyancing requirements, all at competitive fees.
Among the range of products offered are comprehensive surveys and an ‘all-inclusive remortgage’ package, which covers all disbursements and includes a fixed referral fee. Referral fees are paid the week after exchange on purchases and the week after completion on remortgages.
The leadership team at Conveybuddy is composed of industry veterans Harpal Singh and John Phillips, both of whom are returning to the conveyancing market after a nearly five-year hiatus. Phillips initially joined Conveyancing Alliance (CAL) in 2006, with Singh following in 2009. The duo later launched the Broker Conveyancing brand in 2012, shortly after orchestrating a management buyout. They eventually sold the group in 2016 and resigned from the board at the end of 2019.
Harpal Singh, CEO of Conveybuddy, commented:
“The panel management conveyancing model for introducers hasn’t changed since we’ve been gone, but what has changed is a steady increase in panel fees and a lack of transparency as panels have sought to increase their margins.
Our model, which leverages market-leading technology, seeks to revolutionize this status quo. By understanding exactly what intermediaries want, we believe we’ve created a solution that leads the market in terms of pricing, technology, service, and support.”
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