OpenConvey’s commercial director, Jonathan Hall, said: “We could not see why introducers should have to wait for their payment. In some cases, similar companies are taking up to thirty days to release broker payments.
“Frankly, we believe that any delay is unacceptable. If the case has completed then it is a simple matter to ensure that the introducer is paid at the same time. Too many conveyancing companies regard it is a perk to be able to hold on to money that does not belong to them. Hardly an intermediary friendly move when their businesses depend on the broker market! ”
Brian Robinson, principal at Emil Thomas Associates based in Bromley, Kent added: “OpenConvey delivers my clients a first class service and being paid referral fees at the moment of completion is a real bonus. OpenConvey makes a compelling business case for any intermediary.”
