Convex says its new conveyancing system is a 41% improvement on regular conveyancing methods, meaning the home buying process can be speeded up by over a month.
Convex exchanges documents in 34 days, completing nine days later.
The system allows clients to be kept informed by email and correspondance can be accessed online anywhere, and is coupled with a anti-gazumping option and has no risk of abortive costs.
Duncan Samuel, managing director of Convex, says: Its about time the conveyancing process was taken by the scruff of the neck and given a good shake. Thats what we have done in order to develop and thoroughly test our service over the past three years.
The intermediary can earn up to 100 for every conveyancing referral. Where a seller is also a buyer, that referral fee can be doubled to create additional income of up to 200 per client, so several thousands of pounds of pure profit can be earned a month with no additional outlay.
Additionally, because of the speed of the process, there is less chance of an abortive application and the intermediaries income is therefore more secure than with other conveyancing services.