UK challenger OneDome, which operates a homebuying platform and portal, has introduced an 'Amazon Prime-like' express conveyancing offer that it says will deliver a "premium and swift conveyancing experience for clients with an in-house team of expert conveyancers."
Interestingly OneDome's press release highlights Amazon Prime as a benchmark for premiumlevel, expedited services.
OneDome Conveyancing is built around its property transaction management platform DealRoom, and a team of trained sales progressors known as Property Moving Assistants.
A press release from OneDome states that, "The DealRoom and Property Moving Assistants collectively bring together all stakeholders in a property transaction onto one platform, streamlining tasks from KYC to completion. This integrated approach not only significantly reduces transaction times but also eliminates complexity and wasted time."
OneDome also ensures conveyancers are vetted before being selected for the Express Conveyancing offer, and limits the total number of cases they handle to ensure high-quality results.
The service has been rolled out after a successful 12-month trial period, during which OneDome achieved an average transaction time of 7.1 weeks, less than half the national average.
Babek Ismayil, founder and CEO at OneDome, took to LinkedIn to say:
"OneDome's HomeBuying platform and DealRoom bring together all parties involved in a transaction: the buyer, seller, estate agent, mortgage broker, and conveyancers.
While the DealRoom project manages the transaction based on a specific deadline, it is our trained Property Moving Assistants who provide the human touch and support needed for our customers.
No wonder our average transaction time is 7.1 weeks, compared to the national average of 15.6 weeks."
Despite not sitting in the same bracket as the likes of Rightmove, Zoopla and OnTheMarket, OneDome occupies a nice niche as an end-to-end property transaction specialist. Ismayil is already on the record saying the company is seeking to service 10% of all property transactions in the UK by 2028, and is implementing a strategy to support that goal.
In July this year, OneDome announced it will look to acquire more mortgage brokers after delivering triple-digit annual revenue growth for its HomeBuyer service; it previously acquired mortgage broker CMME Mortgage and Protection Limited in January 2023.