Report comment

More ignorant nonsense about the conveyancing market.
Delays are due to many factors beyond the timing of provision of basic information within the contract documentation.
Anonymous at 7/11/18 11.28 GMT lists several of them.
Property transactions are more complex than generally appreciated by the public and politicians and are replete with elements of substantial risk from many directions.
Care and attention to detail is required but because the price of conveyancing is now at bucket shop levels people think it is akin to buying a piece of clothing or electronics with a similar price.
A basic conveyance should properly be priced at a minimum of £1000.00 with enhancements for a wide variety of inevitable complications but the market just won't stand it and conveyancing remains a loss leader for most firms.
We regularly hear of large outfits trying to make money out of high volumes at low cost going into administration.