How do I Choose Between a Value-Focused and Speed-Focused Conveyancing Package?

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A conveyancing service comes in two forms: value-focused and speed-focused. Choosing between the two conveyancing packages depends on your priorities and goals in buying or selling a property.  

Value-focused packages appeal to those who are concerned about the cost of property transactions. Speed-focused packages appeal to those who want to exchange quickly and efficiently. 

Choosing between value and speed 

Both conveyancing packages have their pros and cons. Understanding the appeal of both will help you choose the right conveyancing package to meet your goals. 

Value-focused package 

A value-focused package, like Muve Forward, provides cost certainty through a fixed legal fee that covers all standard legal requirements in a property transaction. It’s ideal for property buyers and sellers on a tight budget with no pressing completion deadline. 

The value offered will depend on the conveyancing firm you decide to work with. For Muve clients, we offer transparency, speed and local expertise.  

The quoted fixed legal fee will be itemised to ensure financial security. You’ll know what you’re paying upfront, and we will strive to keep the quoted fee the same as the final bill. Of course, there are instances when legal requirements that weren’t identified at the time of the quotation could change the initial conveyancing fee. In case this happens, our commitment to transparency ensures you will be notified of the changes immediately. 

As for speed, although it isn’t the highlight of our value-focused package, this doesn’t mean we won’t make every effort to expedite the conveyancing timeline. With Muve Forward, clients will still enjoy a quick conveyancing timeline that’s up to 4 weeks faster than the industry average in England and Wales. 

Our value-focused package includes a dedicated team comprising an account manager and a conveyancer, who will bring local expertise to the transaction. Their experience comes with local insight, allowing them to navigate the nuances of the local property market. This will reduce delays, minimise errors and expedite the conveyancing process. 

Speed-focused package 

A speed-focused package, such as Muve Lightspeed, is ideal for property transactions under a tight deadline. These are for property buyers and sellers who want to move quickly without compromising the legal accuracy of the transaction, and don’t mind paying extra to speed up the process. 

A fast conveyancing timeline minimises the chance of the transaction falling through, especially for property chains. It’s also ideal for those with a tight mortgage offer deadline. Because of this, the extra cost will seem worth it to those who need to see the property transaction through completion. 

When choosing a speed-focused package, check what factors affect the conveyancing timeline and how the firm intends to navigate and reduce delays. 

For instance, Muve Lightspeed aims for a completion within 5 weeks (freehold properties) or 8 weeks (leasehold properties). This is possible because of our digital-first approach in conveyancing. We have integrated digital onboarding, online ID checks, e-signatures, AI-powered title checks and a 24/7 Client Portal into our conveyancing process to ensure transparency and minimise errors and delays. 

Muve Lightspeed also comes with senior expertise from a dedicated team composed of an account manager and a conveyancer. Since Lightspeed is an upgrade conveyancing service, it will be given priority in terms of communication and case progression. This allows cutting weeks off the timeline, giving clients a 70% chance of meeting the 5- or 8-week conveyancing timeline. 

Tips When Choosing Between Value and Speed 

There are two important questions to consider when choosing between a value-focused and a speed-focused conveyancing package. 

• What is my priority? Identify what is more important to you: the cost or the speed of the transaction. In most cases, faster conveyancing comes with a higher fee because the solicitor will give it priority. 

• What is offered in the conveyancing package? Although the main offer is the cost-efficiency or speed, conveyancing packages come with other benefits. 

For instance, Muve Forward and Lightspeed both offer transparency (through itemised conveyancing quotes and a 24/7 online Client Portal), a dedicated team with local expertise, and a digital-first approach. This is why even Muve Forward offers fast conveyancing, although it’s not as fast as Muve Lightspeed. 

Apart from these, the conveyancing packages offered by Muve include a No Move, No Legal fee guarantee, giving clients financial confidence as their risk is minimised if the transaction falls through. They only have to pay the fees that have already been disbursed. 

Get Fast, Value-Filled Conveyancing 

Muve offers both value-focused and speed-focused conveyancing packages. Our value-focused package, Muve Forward, is an award-winning service recognised for using innovative solutions to deliver conveyancing 4 weeks faster than the industry average. 

Muve Lightspeed, our speed-focused conveyancing package, is an upgrade service that can deliver an exchange in 5 weeks (for freehold properties) or 8 weeks (for leasehold properties). 

If you want to learn more about each service, get in touch with us. Click to get a quote and provide your details. We’ll send a conveyancing quote within a minute. You can also call us to discuss the itemised conveyancing quote and determine which conveyancing package suits your requirements.