| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 2 | 99% | 1% | 0% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 1 | 99% | 1% | 0% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 1 | 99% | 1% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
My Home Move has self-billing arrangements in place for certain suppliers. Where this arrangement is in place invoices are dated and payment is made on the 15th of the month resulting in zero payment days. All other suppliers are on 30 day payment terms from the date of the invoice unless otherwise agreed.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
To raise a complaint or concern relating to payment of invoices, suppliers should initially contact the Finance team on mhmfinance@myhomemove.com. All queries are managed in accordance with our internal processes and are dealt with as promptly as possible.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
My Home Move Ltd trades as My Home Move Conveyancing, an online conveyancing service for people buying, selling or remortgaging property in the UK. It matches customers with regulated conveyancing solicitors and licensed conveyancers, provides an online case-tracking portal, and offers a no-move-no-legal-fee guarantee. It also refers customers to related services such as home surveys, removals and insurance. The company is part of the Simplify group, described as the UK's largest independent conveyancing and property services group, which supplies the network of law firms and conveyancers used to handle individual cases. Companies House records the entity's registered activity as head office functions within this wider group structure.
Generated from the company's website and Companies House records. Sources: myhomemoveconveyancing.co.uk · myhomemoveconveyancing.co.uk