To identify the challenges faced by the legal sector and pinpoint areas for improvement, Movewise has surveyed a cross-section of solicitors and undertook one to one interviews with probate specialists.
The results showed that solicitors are increasingly frustrated by inefficiencies in the legal process with one head of probate at a leading firm describing the delays as “shocking”, adding: “grant of probate used to take four weeks… now it takes four months”.
Main findings of the research include:
The survey was conducted in September 2020, against the background of the Covid-19 pandemic. Despite a sharp rise in excess deaths this year, numbers of probate applications fell significantly during the “first wave” in spring and summer - and the delays highlighted by the respondents suggests a significant backlog of cases is likely to remain for a considerable time.
Tom Scarborough, CEO of Movewise, who founded the firm after becoming frustrated by his own experience selling property, believes that while it may not be possible to put an end to government bureaucracy, there are areas of probate where out-sourced expertise could support and speed up elements of the process.
Movewise's managed multi-agent approach addresses key priorities and targets for the probate process identified in the research, including:
The firm delivers a managed process which is particularly suited to the probate market. Its innovative approach achieves significantly faster completion rates, a 50% higher sales rate than average UK estate agents and provides an end-to-end service with less admin.
“Solicitors face more than enough inefficiency in other areas of probate," Tom comments, "so they don’t need any extra hassle with the property side of things. Allowing Movewise to manage the sales process frees legal teams up for legal work, safe in the knowledge that our property experts are working to deliver a quick sale with maximum value to the estate.”
For full details of the findings, download the research report.
Find out more about how Movewise can make probate property sales more efficient.