Movera comment on yesterday's Ministry of Housing, Communities and Local Government digitisation announcement

10 February 2025

Nick Hale, CEO of Movera, said:

"The government’s commitment to modernising the home buying and selling process is a hugely positive step for the industry. Embracing greater digitisation and data-sharing will significantly improve efficiency, cut delays, and make transactions smoother, more transparent, and more secure for everyone involved.

“With one in three property transactions falling through each year—costing buyers and sellers £400 million, and leading to four million lost working days for conveyancers and estate agents—the need for change is clear. At Movera, we have already implemented key digital innovations that have streamlined property transactions to less than half the industry average. This demonstrates the real-world benefits of a modernised system, and we welcome these reforms as a catalyst for further progress.

“As part of our ongoing commitment to digitisation, we are proud to have joined the Open Property Data Association (OPDA) last week, reinforcing our dedication to a fully digital and connected property market.”