What does 'DX System' mean when buying a property?
Find out what DX System means when you are buying a property. 'What does DX System mean?' plus over 150 other property related terms and jargon in plain English
DX System
All professional property solicitors (also known as conveyancers) are part of the DX system (short for "Document Exchange").
This is an express service which allows solicitors to move large amounts of paperwork between each other quickly. As such they often use terms such as "I will DX it tonight". Note you should avoid using solicitors who are not on the DX system as they slow down the buying process immeasurably and Time Costs Deals.
To learn how solicitors work and how to choose the best property solicitor for your property purchase pick up a copy of my ebook How to Really Buy a Property.
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How to Really Buy a Property
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Chapter 12:
Choosing a Conveyancer or Solicitor
"... with work
It can be difficult to get through by 'phone
They do not always have email
Their computer systems can be lacking
They are not always on the dx system
Holidays and illness have a big impact on their ability to handle your case
You have no one to complain to
- Work Overload -..."
"... solicitors without email, it says a great deal about their understanding of modern technology, and about the way they work in general.
- The dx System -
Unbeknown to most people solicitors have their own postal system known as dx (Document Exchange) which allows them to move large documents..."
"... to most people solicitors have their own postal system known as dx (Document Exchange) which allows them to move large documents rapidly between each other. Very small solicitors or extremely old fashioned ones have not invested in this and so much backwarding and forwarding is reliant on the post. Considering the number of strikes at individual sorting offices over the last few years the last place you want your signed contract is in a sorting office while postal workers argue over health and safety or pay and..."
"... or pay and conditions.
If a solicitor does not have dx avoid them - it speaks volumes about their investment in their own business and their understanding of even the most basic technologies. It also speaks volumes about how fast they intend to transact the deal.
- Holidays -
When your..."
"... Avoid - it says a great deal about how they understand technology and modern working methods
|YES |
Does the solicitor have dx?
--- NO --->
Avoid - it says a great deal about how they understand technology and modern working methods
|YES ..."
Chapter 17:
The Property Buying Process in Theory
"... solicitor will produce the final contract and send it to your solicitor
What Can Go Wrong
For once this is a procedure that moves as smoothly as the postal service, or hopefully the dx system.
- Exchanging -
When your solicitor has your signed contract and funds for the deposit, and..."
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