David Newnes backs legal tech start-up to solve the Conveyancing Enquiries problem

Investor David Newnes has invested in the legal tech start-up to assist in solving the Conveyancing Enquiries problem.

Key investor David Newnes, who is a well-known senior figure in estate agency having been part of the founder MBO team and PLC Board member at LSL Property Services (owners of a large portfolio of brands including Your Move, Reeds Rains, e.surv, LSLi),  has invested in the Collaborative Conveyancing legal tech start-up.

Since leaving LSL in 2014 David has invested in a number of businesses and saw Collaborative Conveyancing as a much needed solution to help speed up transaction times.  

This follows the recent announcement by Collaborative Conveyancing of a substantial Innovate UK grant to enable it to further develop its work to help conveyancers reduce the pressures in the system through the use of AI.

The investment will allow the technology company, founded by Chris Harris and Karen Babington, to further develop its system to use AI to build semi-automated solutions to the plethora of enquiries that cause so much delay and stress.

David Newnes said:

“The track record of the team at Collaborative Conveyancing and the progress they are making is exciting. 

“I am looking forward to working with the team to help make home buying quicker, more transparent and less stressful, not only for movers but for all the professionals involved.”

Chris Harris, co-founder and CEO, said:

“Using cutting-edge technology  and applying this to conveyancing, we are building something that has the opportunity to really support conveyancers dealing with the thorny time-consuming task of dealing with conveyancing enquiries, for the benefit of everyone.

“We are delighted that David has recognized that the issue needs solving and chosen to invest which allows us to accelerate the development.”

Kindly shared by Collaborative Conveyancing

Main article photo courtesy of Pixabay