Today's Conveyancer Podcast
Home moving should be "digital when it can be, and personal when it needs to be"
Movera CEO Nick Hale joins the latest Today's Conveyancer Podcast to discuss the his, and Movera's, progress since his last appearance on the podcast in July 2023.
Across its businesses Movera touch c.25% of all remortgage and sale and purchase transactions. Having been in the role for 2 years, Nick reflects on what he wishes he'd known when taking on the role, that he knows now.
He shares the objectives of Movera which is to improve the home moving experience for people, partners and clients, in a sector where none of those have been particularly well served. He describes how they have adopted a mantra of making the home moving experience "digital when it can be, and personal when it needs to be" recognising that people are at the heart of the business, and that they are one half of a legal system which has players "across the value chain."
It is clear, says Nick, change had started, and it will accelerate with the emergence of players who have the capacity and ability to make decisive change in the home moving process.
He explains how their own investment in artificial intelligence (AI) and automation is designed to help his team spend more time using their technical skills; and says over the past 12 months they have delivered over 500 remortgage transactions in less than 48 hours, and 1500 in less than 5 days. It is, he adds, their ambition to 'lead the market on merit' and points to their net promoter score (NPS) "high 60s early 70s."
Drawn on the criticisms levelled at volume conveyancing businesses Nick hits back at comments online and at a recent conference describing these organisations as "factory muppets."
He suggests that language is not acceptable, or professional and is indicative of a lack of understanding and respect for the larger organisations. Within his own he says they have created career pathways; introduced the Movera Academy which all staff go through and introduces learning interventions and upskilling across the business; improved their NPS scores; with a team who are committed according to their latest feedback
There is, he adds, a bigger story here, highlighting the frustration and tension in the sector. But we can use technology to release that tension. There is a growing group of people and businesses who want to make improvements to the sector
The Today's Conveyancer podcast can be found on your preferred podcast provider and also at www.todaysconveyancer.co.uk. Subscribe and listen in for all the latest conveyancing industry news and views.
Movera CEO Nick Hale joins the latest Today's Conveyancer Podcast to discuss the his, and Movera's, progress since his last appearance on the podcast in July 2023.
Across its businesses Movera touch c.25% of all remortgage and sale and purchase transactions. Having been in the role for 2 years, Nick reflects on what he wishes he'd known when taking on the role, that he knows now.
He shares the objectives of Movera which is to improve the home moving experience for people, partners and clients, in a sector where none of those have been particularly well served. He describes how they have adopted a mantra of making the home moving experience "digital when it can be, and personal when it needs to be" recognising that people are at the heart of the business, and that they are one half of a legal system which has players "across the value chain."
It is clear, says Nick, change had started, and it will accelerate with the emergence of players who have the capacity and ability to make decisive change in the home moving process.
He explains how their own investment in artificial intelligence (AI) and automation is designed to help his team spend more time using their technical skills; and says over the past 12 months they have delivered over 500 remortgage transactions in less than 48 hours, and 1500 in less than 5 days. It is, he adds, their ambition to 'lead the market on merit' and points to their net promoter score (NPS) "high 60s early 70s."
Drawn on the criticisms levelled at volume conveyancing businesses Nick hits back at comments online and at a recent conference describing these organisations as "factory muppets."
He suggests that language is not acceptable, or professional and is indicative of a lack of understanding and respect for the larger organisations. Within his own he says they have created career pathways; introduced the Movera Academy which all staff go through and introduces learning interventions and upskilling across the business; improved their NPS scores; with a team who are committed according to their latest feedback
There is, he adds, a bigger story here, highlighting the frustration and tension in the sector. But we can use technology to release that tension. There is a growing group of people and businesses who want to make improvements to the sector
The Today's Conveyancer podcast can be found on your preferred podcast provider and also at www.todaysconveyancer.co.uk. Subscribe and listen in for all the latest conveyancing industry news and views.