Online conveyancing portal IFA Conveyancing and Source Insurance have teamed up to offer brokers the ability to include Home Buyer Protection for clients at the point of sale.
The policy provides clients with up to £1,200 worth of cover against abortive fees incurred in the house buying process where a purchase falls through.
The Source has offered Home Buyer Protection for some time but this is the first online integration to go live. Its managing director, Kevin Paterson, said: “We are really excited to be working with IFA Conveyancing on this ground-breaking integration and is an example of the joined-up approach we are taking this year to utilise our technology to make writing business easier and quicker for brokers.”
“As a comparison site providing mortgage advisers with a transparent quote from a large panel of conveyancing solicitors, we are constantly looking at ways of adding value and improving our service, so being able to enhance our no sale no fee guarantee to include optional additional cover for other abortive fees in the event of a sale falling through that was no fault of the client was a great addition,” added Andrew Richardson, business manager of IFA Conveyancing.
