Home buyers are favouring specialist conveyancers rather than letting generalist solicitors manage the legal work on their purchase, it has been claimed.
A poll by conveyancing software company InfoTrack found that 43% of home-movers in the last year choose to use a specialist conveyancer in favour of a local solicitor, up from just a quarter of those who moved between one and three years ago.
The research found that 59% of movers are now shopping around for conveyancing quotes, up from 24% of those who moved home three years ago.
More movers are also selecting purely online conveyancers. A fifth of home-movers are selecting a conveyancing service operating through primarily online channels during the legal side of the purchase, which is significantly more than the 8% who chose a similar offering three years ago.
Younger generations were a key driver behind the shift to digital, with 24% of home-movers between the ages of 18 and 24 citing an online offering as the reason behind their choice of conveyancer.
Scott Bozinis, chief executive of InfoTrack, said: “Home movers are now being more critical than ever when selecting a conveyancer.
“The proliferation of digital channels means consumers now have all of the information they need to immediately research prices and compare services to handle the purchase of one of the biggest investments in their lives – a home.
“This clearly illustrates a need to embrace online channels quickly if conveyancers want to stay competitive in a world of discerning digital consumers who are used to the power of making informed decisions using what is available at their fingertips, when they want.”