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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.
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.
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.
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