Online In-Deed

Nov 12, 2011

The online (r)evolution applies to pretty much every industry. Except hairdressing perhaps. Although no doubt someone will work out a way to cut hair over the internet one day.

Retail, grocery, books and dvds, betting and gaming, insurance and travel have all seen the benefit on an online approach, as has estate agency at long last.

It’s refreshing to see that another particularly antiquated business has also seen the recent introduction of an online disruptor also. In-Deed is an internet based conveyancing firm which has been set up by former Countrywide PLC boss Harry Hill. Mr Hill oversaw the phenomenal expansion of High Street estate agents Bairstow Eves, Abbotts, John D Wood, Mann and Co and Taylor and Co as a public limited company that has since been taken back into private ownership, being purchased for £1billion in 2007  by Appollo Management.

Conveyancing can be done online between consumer and lawyer easily. In fact there’s even a term for it that Government coined some years ago for it. Online property lawyers are known as eConveyancers. Email, telephone and specific client web pages that record the progress of a sale transaction are all that’s needed to inform and communicate between parties. Internet conveyancers will also no doubt promote a faster and more efficient working between lawyers themselves too. No more letters in dictation and vainly awaited returned calls as are the staple criticism of  property solicitors.

Just like in estate agency, there’s no need to make a big effort to visit town centre offices. It’s pointless and laborious and, importantly, much cheaper not to.

Welcome then, to eConveyancing. Hand in hand with the innovation that is online estate agency.