Related To: Legal Process
Key Points
Challenge
  • MyHomeMove decided to partner with a global offshore business process outsourcing provider to reduce legal processing cost and manage scalability in a highly commoditized, competitive environment
Solution
  • WNS and MyHomeMove worked closely together to create a blended onshore-offshore model that utilized offshore resources to deliver the majority of the conveyancing legal processes
  • 60 percent of the process, including tasks such as drafting contracts, processing mortgage offers and approving contract packs, were outsourced to WNS
Benefits
  • The client's use of outsourcing enabled it to become among the lowest cost providers of conveyancing services while maintaining high levels of service and improving turnaround times .

MyHomeMove is the largest independent provider of conveyancing services in England and Wales. Specializing in the residential sector, the company offers solutions to conveyancing and re-mortgaging. Its use of advanced technology ensures that the process of moving is managed accurately and at an affordable cost. The company is dedicated to providing a superior level of service, which is based upon speed and professionalism.

The Client's Challenge

MyHomeMove decided to partner with a global offshore business process outsourcing provider to reduce legal processing cost and manage scalability as a response to the highly commoditized, competitive and seasonal business environment in which they operate. Given the client's culture for speed and professionalism, managing the process with faster turnaround time and higher accuracy was imperative.

The WNS Solution

Since commencement in 2005, WNS and MyHomeMove have worked closely together to create a blended onshoreoffshore model that utilizes offshore resources to deliver the majority of the conveyancing legal processes. 60 percent of the process, including tasks such as drafting contracts, processing mortgage offers, approving contract packs, preparing reports on title, assessing mortgage offers and search results and preparing financial statements are outsourced to WNS.

The delivery of these back office legal tasks by WNS has enabled the client's onshore organization to focus on client and stakeholder communications, which has resulted in higher customer satisfaction ratings. The delivery model requires both parties to work in a very flexible and transparent manner using sophisticated management information to ensure the onshore-offshore work processes are efficiently co-ordinated.

Benefits delivered by the WNS team

The client's use of outsourcing has enabled it to become among the lowest cost providers of conveyancing services while maintaining high levels of service and improving turnaround times.

Some of the specific benefits delivered by the MyHomeMove team at WNS include

  • Cost savings
  • Improved speed of servicing by delivering processes within a 24 hour turnaround time
  • Increased customer satisfaction, given the faster turnaround time for conveyancing
  • Flexible engagement model to manage seasonal variations of up to 50 percent in volumes.

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