
Set up just over six months ago, Veyo, the joint venture between the Law Society and Mastek UK, brings together electronically all the processes, checks and documentation prepared and undertaken by solicitors and licensed conveyancers in the sale and purchase of residential property.
There is no denying that we have received a degree of negativity in the marketplace. It is understandable: we are coming in to shake up the industry. We have seen companies make misleading price comparisons, disregard us as just another CMS (case management system) provider, or cast aspersions on the robustness and efficiency of our product. But Veyo’s product offering is unique. There is nothing comparable in the marketplace – although we do expect other companies to stake their claim and rush through development of their own product offerings.
Despite a few vociferous commentators, a significant number of professionals have already signed up. But while we have always anticipated this, we have also been clear that it is critical that Veyo is an inclusive service for the whole market – from