Movera, whose brands include LMS, ONP Solicitors and Cavendish Legal Group, has made a strategic investment into Collaborative Conveyancing to help transform the way conveyancers manage enquiries.
It will also form the basis of a strong partnership between Movera, Collaborative Conveyancing and LMS.
The investment and partnership will help Collaborative Conveyancing to grow its newly launched Enquiry Manager tool.
This is a platform that leverages artificial intelligence (AI) and Natural Language Processing (NLP) to digitise and streamline the traditionally slow process of managing pre-contract enquiries, which will reduce the time taken to complete a property purchase.
Collaborative Conveyancing’s unique tool will extract information from emails and attachments, automatically putting them into Enquiry Manager so all the information is held in one place.
This will streamline how conveyancing firms manage and respond to enquiries, reducing transaction times, increasing efficiencies and delivering better outcomes for consumers.
It also aims to help to free up time for property lawyers, enabling them to spend more time on advice and ultimately, to advise more people more quickly.
Nick Hale (pictured), CEO of Movera, said: “Movera is dedicated to improving and speeding up the home buying and selling process through digital innovation.
“Our investment in, and partnership with, Collaborative Conveyancing is yet another step we are taking to help achieve this.
“We believe that digital innovation and automation are key to enhancing customer experiences and streamlining processes.
“The use of Enquiry Manager will enable our property lawyers to spend more time focused on what they do best: providing the technical support and guidance for clients, creating experiences that are digital when they can be, and personal when they need to be.”
Chris Harris, co-founder of Collaborative Conveyancing, added: “Enquiries have been on the lips of conveyancers for a number of years now.
“I am delighted that we have joined forces with LMS and Movera at this crucial time to offer an automated and measurable solution to the way enquiries are raised and responded to.
“We invite conveyancers to show us how they deal with enquiries at present to collaboratively work with them to improve current processes and systems to benefit the property market as a whole.”