Series of connected digital hubs expected to improve efficiencies
Land and property data provider Landmark Information Group has launched LandmarkConnect – a series of digital hubs for each industry sector to help connect the home-moving market.
The proptech company said it has been working to open-up its data sharing systems and services, to improve efficiencies across the home-moving process.
Landmark pointed out that the lack of connection in the market was increasingly obvious as it took 133 days on average to buy a home in England and Wales, with months of stress and uncertainty for consumers.
“The UK’s home-moving process isn’t working well, with enormous duplication and inefficiencies leading to staggering delays for home-movers,” said Simon Brown (pictured), chief executive at Landmark Information Group. “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.”
The series of open, accessible, and standardised hubs from Landmark would allow the currently disconnected parts of the home-moving industry to connect to each other in near-real time. The hubs would enable property professionals to access trusted data, documents, and progress information, passed between all stakeholders, as and when they need it to support buyers and sellers.
“Although this will be a phased rollout, we’re enormously excited for the revolution this could ultimately bring to the UK’s home-moving process,” Brown said.
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