
Moverly wins Smart Data Challenge Prize for digital property packs
Moverly was awarded the £50,000 prize after eight months of testing in a data sandbox.

Moverly was awarded the £50,000 prize after eight months of testing in a data sandbox.

Homebuyers are currently paying an average of £1,375 when purchasing a freehold property, and £1,746 when purchasing a leasehold.

With almost 250,000 homes for sale within the current nil-rate threshold, those not exchanged by 17th March risk missing the deadline.

Moverly found that the total number of property sales in 2024 reached 1.09 million.

82% of respondents expressed concerns about completing before 1st April and facing higher stamp duty costs.

Homebuyers could save almost £500m pounds by completing their purchases before the upcoming Stamp Duty changes which take effect from April 1.

As a result, home sellers have been warned against price overoptimism.

Gemma Young, CEO at Moverly, said: “HM Land Registry is increasing its costs in order to accelerate service improvement through digital transformation."

The platform provides an end-to-end solution for agency partners, ensuring compliance and speeding up transactions.

Moverly analysed time to sell data on the UK housing market to see how the amount of time it takes to sell a home is impacted by the time of year.

Many districts have failed to cut turnaround times and have, instead, seen substantial increases

As part of the survey of property professionals, 90% said that the advent and introduction of technology has notably changed the landscape of the UK property market.
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