New build search service set to be a game-changer for housebuilders and conveyancers
Search and software provider poweredbypie, a Dye & Durham company, has introduced the award-winning new build search service BuildX service into its ordering platform.
BuildX is designed to support new build conveyancing teams, reducing the average Local Authority Search time for plots from 25 Days down to just a few minutes.
Jeremy Dorkins, UK director of customer success at poweredbypie, explained:
“Property searches are often a delay factor in the reservation to exchange of contracts for new builds, with the turnaround time for a Local Authority Search ranging from 2 days to 70 plus days depending on the area. External factors such as the Pandemic continue to affect search return times, putting pressure on house builders’ finances and their ability to stick to their rigid timeframes. BuildX changes all of that and is set to be a game-changer for developers and conveyancers.
By working directly with the developer and our data partners, we gather, digitise and compile all of the data then in real-time, allowing us to deliver property searches on new build plots almost instantly via our ordering platform.”
With over 300 development sites nationally and more being added every week, conveyancers and new build teams can dramatically reduce the time taken between the homebuyers’ reservation and exchange of contracts, in many cases cutting weeks off the process.
BuildX was recognised for its innovative approach to speeding up the home buying process at the Housebuilder Product Awards 2020. The success of a pilot programme in South Wales has led to agreements with many of the top 10 national housebuilders.
As a company, poweredbypie is dedicated to supporting conveyancing and property teams through a range of software and search solutions. To find out more, contact our Customer Services Team on 0118 334 5171 or email: [email protected]
This article was submitted to be published by poweredbypie as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.