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.

You May Also Enjoy

Estate Agent Talk

Tackling Empty Properties

A UK Perspective on Best Practice and Recommendations for Reform Propertymark, the UK’s leading professional body for property agents, has today published a comprehensive new position paper highlighting the urgent need for coordinated, practical and properly resourced action to bring long-term empty properties back into use. With over 359,000 homes sitting empty for more than…
Read More →
Breaking News

Pet-friendly rentals plunge 39%

New research from Inventory Base reveals that the number of pet-friendly rental homes in England has fallen by -39% since the start of 2026, as landlords appear to be reducing the number of homes openly marketed as allowing pets ahead of the Renters’ Rights Act taking effect from 1st May. The Renters’ Rights Act (RRA)…
Read More →
Breaking News

Latest Nationwide house price data showing a 2.2% increase

Industry reaction to Nationwide house price data showing UK annual house price growth picked up to 2.2% in March, from 1.0% in February. Nathan Emerson, CEO of Propertymark, comments: “An uplift in house prices will be welcomed by the market and suggests that buyer demand remains resilient despite ongoing economic headwinds. Improved sentiment, coupled with…
Read More →
Breaking News

UK house price growth picks up in March

UK annual house price growth picked up to 2.2% in March, from 1.0% in February Northern Ireland best performing area in Q1 2026, with prices up 9.5% year-on-year Outer South East weakest performing region, with prices down 0.7% compared with Q1 2025 Headlines Mar-26 Feb-26 Monthly Index* 552.6 547.7 Monthly Change* 0.9% 0.3% Annual Change…
Read More →
Breaking News

Mortgage approvals up in February

The latest mortgage approval data from the Bank of England show that: –   Mortgage approvals on house purchases for February sat at 62,584 up (3.9%) from 60,246 seen in January. Approvals are down (-3.9%) when compared to the 65,114 seen in February 2025. This annual decline was expected due to wider market slowdown and economic…
Read More →
Breaking News

Pain for landlords as buy-to-let borrowing costs soar

Buy-to-let fixed mortgage rates are soaring due to unrest in the Middle East, according to Moneyfactscompare.co.uk. Landlords also face further financial challenges over the next few years, to meet new private rental rules. Average buy-to-let fixed rates over a two- or five-year term have risen since the start of March 2026. The two-year rate is…
Read More →