Breaking Property News – 03/07/24

July 3, 2024

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

Movemnt launches exclusive partnership with LMS

Movemnt, the national home transaction infrastructure for all property professionals has announced an exclusive partnership with LMS, the UK’s leading provider of conveyancing services.

The partnership leverages LMS’ panel of 4,000 law firm partners and innovative technology solutions, providing the capability to drive time-saving and efficiencies for all involved in the home buying process.

As part of the partnership, Movemnt and LMS have worked closely with law firms to inform the product development of Movemnt. Product enhancements as a result of this feedback loop have included adding the ability for law firms to add case notes within Movemnt as well as provide upfront searches and real-time milestone updates. This provides greater transparency and visibility throughout the case life cycle, resulting in a much more streamlined user journey.

Movemnt is uniquely placed to connect housing
transaction data and is already integrated with Zoopla, Alto & Yourkeys and is free to join for estate agents, conveyancers and mortgage brokers.

The partnership is already driving strong results for the property industry as a whole, with a 60-day reduction in the time to exchange compared to the industry average. Since launch in June, 350 agents have activated Movemnt’s functionality in Alto and over 50 have started their first transaction.

Commenting on the launch, Ric Dawson, Chief Operating Officer of Software said: “Partnering with LMS has allowed us to turbocharge Movemnt’s ambitions to create a national home transaction infrastructure that truly speeds up the property purchasing journey. A key component of this is having a wide ranging network of conveyancers that believe in our vision. Our strategic partnership with LMS will enable us to scale at speed.”

Travis Scholes, Commercial Director at LMS said: “We are committed to connecting the key parts of the conveyancing process to create an enhanced experience and deliver greater efficiencies for all key stakeholders. It’s been a pleasure to work alongside the Movemnt team and utilise LMS solutions to achieve such results”

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

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