Property data giant, Landmark Information Group, has launched LandmarkConnect – a series of digital hubs to help connect the home-moving market.

It currently takes around 133 days on average to buy a home in England and Wales and Landmark says that its accessible and standardised hubs will allow disconnected parts of the home-moving industry to connect to each other in near-real time.

TRUSTED

The hubs will allow property professionals to access trusted data, documents and progress information, passed seamlessly between all stakeholders, as and when they need it to support buyers and sellers.

Simon Brown, Landmark Information Group Chief Executive, says: “The UK’s home-moving process isn’t working well, with enormous duplication and inefficiencies leading to staggering delays for home-movers.

“This is both stressful and frustrating for home-movers, and enormously wasteful for property professionals. We want to create a more efficient and better-connected market, where everyone benefits from shared data and insights.

“Landmark Information Group has the largest property data set in the UK, spanning the entire property value chain, and so we believe we are best-positioned to deliver the scale of ambition needed to make the home-moving process as efficient as it can be.

“Although this will be a phased roll-out, we’re enormously excited for the revolution this could ultimately bring to the UK’s home-moving process.”

COMMUNICATE

LandmarkConnect follows the launch of the firm’s Secure Panel Network which is used by some in the mortgage industry to communicate millions of transaction messages a year between lenders and surveyors.

The latest release of this network, now built on the LandmarkConnect platform, supports rich document exchange between multiple parties.

It has been through successful scale validation with major lenders since autumn 2022 and enters full service this summer.