Property: Remote conveyancing: is it right for you?

Remote conveyancers are growing more prevalent these days, but they can really undermine a house sale or purchase. So are they right for you?

In an era where buying a latte can be done via a smartphone app, it’s no surprise that buying a house has also gone digital. Remote conveyancing, the process of managing property transactions online, promises convenience and speed, but like anything that moves at the speed of light, it comes with its own set of risks.

Here’s a rundown of what you need to know to decide if remote conveyancing is the right fit for you:

The Upsides
One of the biggest draws of remote conveyancing is the sheer convenience. Forget about the back-and-forth of physical meetings and document exchanges; everything from signing contracts to handling disputes can be done from the comfort of your own home or office.This can significantly speed up the process, as documents can be shared and signed electronically without the need for postal delays.

Typically, remote conveyancing can be a wallet-friendly option. Without the overheads associated with maintaining a brick-and-mortar office, online conveyancers often offer competitive rates. Plus, the ability to compare services easily online allows you to shop around for the best deal.

Not being restricted to your geographical area broadens your options considerably, meaning you can choose a conveyancer based anywhere in the country, not just those who operate within your local community. This can be particularly beneficial if you’re looking for specialists in a certain type of property or transaction.

The Downsides
The lack of face-to-face communication can be a double-edged sword. While digital communication is efficient, it often lacks the personal touch that many clients appreciate.

Misunderstandings can occur more easily, and building trust can be harder when you don’t have the opportunity to meet your solicitor in person. Local solicitors like willans.co.uk are able to offer a level of service and care that just can’t be rivalled by the national companies.

As with any online transaction, there is a risk associated with handling sensitive information digitally. The potential for data breaches means that ensuring your conveyancer has robust cybersecurity measures in place is crucial. Always check their data protection policies and client reviews regarding their security practices.

Remote conveyancing relies heavily on technology, which can be both a strength and a weakness. Technical issues can lead to delays just as much as postal issues can with traditional conveyancing. Additionally, if you’re not particularly tech-savvy, navigating online platforms and digital documents can be a challenge.

Also, remember that not all online conveyancers are created equal. Some might not be regulated by the relevant legal bodies, leading to risks around accountability and professionalism. It's essential to verify that your chosen provider is regulated by bodies such as the Solicitors Regulation Authority (SRA) or the Council for Licensed Conveyancers (CLC).

Making the Right Choice
Deciding whether remote conveyancing is right for you will depend on your specific circumstances. If you value speed and convenience and are comfortable with handling transactions online, the benefits may outweigh the risks. However, if you prefer a more hands-on and personal service, traditional conveyancing might be more up your street.

In either case, doing your homework and choosing a reputable conveyancer — whether online or in-person—will be key to a smooth and successful property transaction. Just remember, whether clicking through screens or shaking hands, the goal is the same: making your property dreams a reality.