Conveyancing Enquiries solution receives substantial investment

Collaborative Conveyancing has received significant further investment from key stakeholders to accelerate development of their goal to launch their first product to market – an automated solution for responding to conveyancing enquiries.

The start-up tech company was founded in January 2022 by Chris Harris and Karen Babington and has already attracted investment from David Newnes and Paul Saunders, in addition to a substantial grant from Innovate UK. 

The company will use the additional funding for recruitment of key developers and personnel in addition to the continued collaboration with STFC Hartree Centre and AI development.

Chris Harris, co-founder and CEO, said:

“Dealing with conveyancing enquiries manually remains a huge barrier to reducing transaction times when buying and selling property. 

“Conveyancers report finding the ‘back and forth’ rally of questions and answers between buyers and sellers lawyers suffocating and a cause of conflict between professionals.

“This timely investment allows us to bring forward our launch plans to ease the burden placed on property lawyers, and overall to benefit the consumer.”

Paul Saunders, MD of Legal Eye, comments:

“There remains an urgent need for a fresh approach to dealing with conveyancing enquiries.

“The outdated process to which we all are constrained causes unnecessary tension between all parties in a transaction and stifles our ability to reduce transaction times.

“Collaborative Conveyancing’s approach will be a welcome chapter in technological advances in conveyancing and it can’t come soon enough.”

Kindly shared by Collaborative Conveyancing