All the legal information is together in one place with less paperwork and chasing of professionals, less chance of delays. The consumer can sit back and let the professionals do the work for them. Exchange can take place a lot earlier removing the opportunity for gazumping. Allows the buyer to move rapidly and obtain a confirmed mortgage offer early on. The seller pays for the costs, or these can be shared between seller and buyer.
Some schemes offer no fault title insurance to protect the transaction.
A sellers survey means that both buyer and seller know about the condition of the property, enabling an informed offer to be made. The seller can carry out any repairs before marketing. Prevents inflated or unrealistic offers being made, as full information about the property is available. The seller survey negates the need for a valuation inspection by the lender. Transactions are more likely to go ahead, and less likely to be aborted.